23705 Old Ferry RD, Spicewood TX 78669

After adjusting 5 comparable sales for differences in size, age, and features, this home's estimated value is $584,454. Pricing this home between $396,000 and $406,000 would put it in the competitive sweet spot for MILAM RANCH. This home's position in the current MILAM RANCH market: below the only comparable home currently on the market among comparable properties. The smaller floor plan (1,029 sqft compared to the average comp) is a meaningful differentiator in this price range. At 33 years older than typical comps, the 1966 build date influences the valuation. Buyers in MILAM RANCH have 1 comparable options right now, with asking prices between $420,000 and $420,000. Market data shows 78669 prices fallen 13.7% over the last half year. The closest comparable sale, 913 Lake Shore DR, Spicewood TX 78669 at an adjusted $639,132, is a strong comparable. The comp data here (5 sales in MILAM RANCH) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus