25709 Cliff CIR, Spicewood TX 78669

The estimated value of this property is $1,240,410, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $1,874,000 and $2,427,000. With 5 comparable homes on the market in LAKECLIFF, this price positions the property as the most affordable of 5 comparable homes on the market. At 2,942 sqft larger than the typical comp, the size difference factors into the valuation. The 1.19 acre lot (larger than the 0.73 acre average) is reflected in the estimate. Buyers in LAKECLIFF have 5 comparable options right now, with asking prices between $1,599,000 and $3,999,999. Recent trends in 78669 show home values have fallen 13.7% since 6 months ago. The most comparable recent sale is 26302 Countryside DR, Spicewood TX 78669, with an adjusted value of $1,873,912; with a smaller floor plan and a pool. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group