25617 Kahala Sunset CT, Spicewood TX 78669

The market data from 7 similar recent sales in LAKECLIFF points to a value of approximately $1,085,917. To sell within a reasonable timeframe at fair market value, the $575,000 to $585,000 range is where I'd position this. In the current LAKECLIFF market with 7 similar homes available, this price represents the 3rd most expensive of 7 comparable homes on the market. Being 188 sqft smaller than the average comparable sale in this area impacts the per square foot value. At 0.88 acres, the lot is smaller than the 2.70 acre comp average, which factors into pricing. With 7 similar homes currently listed in LAKECLIFF (a buyer's market), competition is a factor to consider. In 78669, home values have fallen approximately 0.8% over the past 6 months. One of the strongest data points is 25108 Colorado Canyon DR, Marble Falls TX 78654, adjusting to $1,108,408; with a larger floor plan. The 7 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