25108 Lake View DR, Spicewood TX 78669

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $297,465. I'd recommend coming to market at $289,000 to $306,000 to strike the right balance between value and market velocity. With 1 comparable homes on the market in OLD FERRY, this price positions the property as below the only comparable home currently on the market. The smaller floor plan (956 sqft compared to the average comp) is a meaningful differentiator in this price range. Built in 1960, this home is 34 years older than the average comp, which is reflected in the adjustments. There are currently 1 similar homes on the market in OLD FERRY, ranging from $365,000 to $365,000. The trend in 78669 shows prices have fallen 0.8% in the past 6 months. 25201 Old Ferry RD, Spicewood TX 78669 nearby adjusts to $109,912; with a larger floor plan. Based on 7 relevant data points in OLD FERRY, 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