4 recent sales within a mile of this address suggest a current value of $1,144,150. My recommended list price range for this property would be $694,000 to $704,000. At this price, the property would be the 3rd most expensive of 6 comparable homes on the market comparable homes currently on the market in 78669. This home's larger footprint (426 sqft vs the comp average) plays a role in how the market prices it. With 6 similar homes currently listed in 78669 (a buyer's market), competition is a factor to consider. In 78669, home values have fallen approximately 12.2% over the past 6 months. One of the strongest data points is 27501 Waterfall Hill PKWY, Spicewood TX 78669, adjusting to $1,137,772; with a smaller floor plan and a pool. With 4 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only.
Ed Neuhaus, Neuhaus Realty Group
