229 Travis LN, Spicewood TX 78669

The estimated value of this property is $287,914, based on 7 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $184,000 and $194,000. At this price, the property would be the 2nd most expensive of 4 comparable homes on the market comparable homes currently on the market in SPICEWOOD BEACH. At 409 sqft smaller than the typical comp, the size difference factors into the valuation. The 0.23 acre lot (smaller than the 0.63 acre average) is reflected in the estimate. With 4 similar homes currently listed in SPICEWOOD BEACH (a buyer's market), competition is a factor to consider. Recent trends in 78669 show home values have fallen 13.7% since 6 months ago. The most comparable recent sale is 201 Laurel LN, Spicewood TX 78669, with an adjusted value of $198,686; a strong comparable. With 7 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