21911 Ernest LN, Spicewood TX 78669

The market data from 7 similar recent sales in 78669 points to a value of approximately $484,782. To sell within a reasonable timeframe at fair market value, the $275,000 to $285,000 range is where I'd position this. With 6 comparable homes on the market in 78669, this price positions the property as the 2nd least expensive of 6 comparable homes on the market. At 196 sqft smaller than the typical comp, the size difference factors into the valuation. The 2014 construction puts this home 12 years newer than the comp average, a factor in the pricing. Buyers in 78669 have 6 comparable options right now, with asking prices between $275,000 and $1,450,000. In 78669, home values have fallen approximately 14.8% over the past 6 months. One of the strongest data points is 25201 Old Ferry RD, Spicewood TX 78669, adjusting to $203,904; a strong comparable. 7 comparable transactions in 78669 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