24906 Martin LN, Spicewood TX 78669

Reviewing the most recent comparable transactions, this home's market value falls around $418,339. For a well positioned listing in OLD FERRY, I'd target the $406,000 to $431,000 range. At this price, the property would be the most expensive of 2 comparable homes on the market comparable homes currently on the market in OLD FERRY. At 584 sqft smaller than the typical comp, the size difference factors into the valuation. At 0.21 acres, the lot is smaller than the 1.31 acre comp average, which factors into pricing. Buyers in OLD FERRY have 2 comparable options right now, with asking prices between $369,000 and $420,000. Recent trends in 78669 show home values have fallen 13.7% since 6 months ago. The most comparable recent sale is 25201 Old Ferry RD, Spicewood TX 78669, with an adjusted value of $137,578; with a larger floor plan. The 6 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