2217 Seabiscuit CV # 109, Spicewood TX 78669

The market data from 6 similar recent sales in RESERVE LAKE points to a value of approximately $868,647. To sell within a reasonable timeframe at fair market value, the $1,075,000 to $1,432,000 range is where I'd position this. With 3 comparable homes on the market in RESERVE LAKE, this price positions the property as the most affordable of 3 comparable homes on the market. The 347 sqft size difference versus comparable sales is reflected in the adjusted values. The 2013 construction puts this home 10 years newer than the comp average, a factor in the pricing. Current inventory shows 3 comparable homes in RESERVE LAKE; a buyer's market based on recent absorption. In 78669, home values have risen approximately 18.5% over the past 6 months. One of the strongest data points is 19213 Lost Tree BLVD, Spicewood TX 78669, adjusting to $755,092; with a smaller floor plan. The 6 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