2217 Kahala Sunset DR, Spicewood TX 78669

Reviewing the most recent comparable transactions, this home's market value falls around $520,723. For a well positioned listing in LAKECLIFF, I'd target the $505,000 to $536,000 range. Against 4 similar active listings in LAKECLIFF, this price point lands at the most affordable of 4 comparable homes on the market. At 163 sqft smaller than the typical comp, the size difference factors into the valuation. At 0.19 acres, the lot is smaller than the 0.34 acre comp average, which factors into pricing. There are currently 4 similar homes on the market in LAKECLIFF, ranging from $525,000 to $1,099,000. Recent trends in 78669 show home values have fallen 11.4% since 6 months ago. The most comparable recent sale is 2200 Kahala Sunset DR, Spicewood TX 78669, with an adjusted value of $727,563; a strong comparable. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group