216 BRUSHY HILL RD, Spicewood TX 78669

Reviewing the most recent comparable transactions, this home's market value falls around $504,277. For a well positioned listing in SHADY CREEK RANCHES, I'd target the $540,000 to $573,000 range. In the current SHADY CREEK RANCHES market with 5 similar homes available, this price represents the 2nd most expensive of 5 comparable homes on the market. The 1978 construction puts this home 6 years older than the comp average, a factor in the pricing. At 6.60 acres, the lot is larger than the 2.31 acre comp average, which factors into pricing. 5 similar homes are currently available in SHADY CREEK RANCHES, creating a buyer's market for this price range. Recent trends in 78669 show home values have fallen 13.3% since 6 months ago. The most comparable recent sale is 807 County Road 420, Spicewood TX 78669, with an adjusted value of $540,214; with a smaller floor plan. 7 comparable transactions in SHADY CREEK RANCHES support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group