2113 Barbaro WAY # 8, Spicewood TX 78669

Based on 7 closed sales in RESERVE LAKE, the data points to a value around $677,348 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $382,000 to $392,000. Relative to what's currently available in RESERVE LAKE, this home would be below the only comparable home currently on the market. This home's smaller footprint (1,805 sqft vs the comp average) plays a role in how the market prices it. Being built in 2012 (11 years newer than comps) is factored into the value estimate. With 1 similar homes currently listed in RESERVE LAKE (a buyer's market), competition is a factor to consider. Market data shows 78669 prices fallen 13.8% over the last half year. The closest comparable sale, 20914 W Lakeshore DR, Spicewood TX 78669 at an adjusted $469,202, is with a larger floor plan. The strength of this estimate comes from 7 directly comparable sales in RESERVE LAKE. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group