2217 Seabiscuit CV # 102, Spicewood TX 78669

Reviewing the most recent comparable transactions, this home's market value falls around $1,104,210. For a well positioned listing in RESERVE LAKE, I'd target the $1,283,000 to $1,431,000 range. Against 4 similar active listings in RESERVE LAKE, this price point lands at the 2nd least expensive of 4 comparable homes on the market. Being 539 sqft smaller than the average comparable sale in this area impacts the per square foot value. The 2013 construction puts this home 9 years newer than the comp average, a factor in the pricing. The active market in RESERVE LAKE includes 4 comparable homes priced from $999,000 to $1,424,000. Recent trends in 78669 show home values have fallen 13.3% since 6 months ago. The most comparable recent sale is 625 Sunfish ST, Lakeway TX 78734, with an adjusted value of $861,154; a strong comparable. 7 comparable transactions in RESERVE LAKE 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