24236 Spur TRL, Spicewood TX 78620

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $443,620. I'd recommend coming to market at $331,000 to $341,000 to strike the right balance between value and market velocity. Against 3 similar active listings in LICK CREEK RANCH, this price point lands at the 2nd most expensive of 3 comparable homes on the market. This home's smaller footprint (126 sqft vs the comp average) plays a role in how the market prices it. Built in 2009, this home is 11 years newer than the average comp, which is reflected in the adjustments. With 3 similar homes currently listed in LICK CREEK RANCH (a buyer's market), competition is a factor to consider. 206 Cargill DR, Spicewood TX 78669 nearby adjusts to $695,222; 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