24802 Lakeview DR, Spicewood TX 78669

The market data from 4 similar recent sales in OLD FERRY points to a value of approximately $273,599. To sell within a reasonable timeframe at fair market value, the $265,000 to $282,000 range is where I'd position this. In the current OLD FERRY market with 1 similar homes available, this price represents below the only comparable home currently on the market. Being 883 sqft smaller than the average comparable sale in this area impacts the per square foot value. The 1979 construction puts this home 25 years older than the comp average, a factor in the pricing. Current inventory shows 1 comparable homes in OLD FERRY; a buyer's market based on recent absorption. In 78669, home values have risen approximately 9.8% over the past 6 months. One of the strongest data points is 24807 Martin LN, Spicewood TX 78669, adjusting to $306,999; with a larger floor plan. 4 comparable transactions in OLD FERRY support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group