2301 Kahala Sunset DR, Spicewood TX 78669

Reviewing the most recent comparable transactions, this home's market value falls around $734,852. For a well positioned listing in LAKECLIFF, I'd target the $464,000 to $474,000 range. With 3 comparable homes on the market in LAKECLIFF, this price positions the property as the 2nd most expensive of 3 comparable homes on the market. The 2022 construction puts this home 15 years newer than the comp average, a factor in the pricing. At 0.19 acres, the lot is smaller than the 2.32 acre comp average, which factors into pricing. Buyers in LAKECLIFF have 3 comparable options right now, with asking prices between $449,000 and $844,900. 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 $768,576; with a smaller floor plan. 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