Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $1,082,970. To generate strong buyer interest while maximizing value, I'd price this between $592,000 and $602,000. With 5 comparable homes on the market in BARTON CREEK LAKESIDE, this price positions the property as the 3rd most expensive of 5 comparable homes on the market. This home's smaller footprint (121 sqft vs the comp average) plays a role in how the market prices it. The 2019 construction puts this home 8 years newer than the comp average, a factor in the pricing. With 5 similar homes currently listed in BARTON CREEK LAKESIDE (a buyer's market), competition is a factor to consider. The trend in BARTON CREEK LAKESIDE shows prices have fallen 9.5% in the past 6 months. 2506 Sailpoint DR, Spicewood TX 78669 nearby adjusts to $1,115,655; a strong comparable. The 5 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
