21217 Mockingbird LN, Spicewood TX 78669

Based on 7 closed sales in LAKEWOOD ESTATES, the data points to a value around $685,996 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $840,000 to $916,000. Buyers shopping in LAKEWOOD ESTATES right now would see this as a well positioned option among 2 comparable homes. Being 888 sqft larger than the average comparable sale in this area impacts the per square foot value. Lot size matters here: 0.32 acres versus 1.06 for the typical comp. With 2 similar homes currently listed in LAKEWOOD ESTATES (a buyer's market), competition is a factor to consider. Market data shows LAKEWOOD ESTATES prices fallen 4.7% over the last half year. The closest comparable sale, 20815 Colorado DR W, Spicewood TX 78669 at an adjusted $614,997, is with a smaller floor plan. This estimate draws on 7 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus