242 Terrace DR, Spicewood TX 78669

5 recent sales in the surrounding area of this address suggest a current value of $349,614. My recommended list price range for this property would be $165,000 to $175,000. With 4 comparable homes on the market in SPICEWOOD BEACH, this price positions the property as the most expensive of 4 comparable homes on the market. Being 1,362 sqft smaller than the average comparable sale in this area impacts the per square foot value. Built in 1970, this home is 38 years older than the average comp, which is reflected in the adjustments. There are currently 4 similar homes on the market in SPICEWOOD BEACH, ranging from $155,000 to $305,000. In 78669, home values have fallen approximately 13.5% over the past 6 months. One of the strongest data points is 223 Golf Course DR, Spicewood TX 78669, adjusting to $223,590; with a larger floor plan. Based on 5 relevant data points in SPICEWOOD BEACH, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX