25714 Cliff CIR, Spicewood TX 78669

The market data from 7 similar recent sales in 78669 points to a value of approximately $1,148,519. To sell within a reasonable timeframe at fair market value, the $1,445,000 to $1,683,000 range is where I'd position this. With 4 comparable homes on the market in 78669, this price positions the property as the 2nd least expensive of 4 comparable homes on the market. Being 1,073 sqft larger than the average comparable sale in this area impacts the per square foot value. At 1.15 acres, the lot is larger than the 0.81 acre comp average, which factors into pricing. The active market in 78669 includes 4 comparable homes priced from $1,125,000 to $2,950,000. In 78669, home values have fallen approximately 13.7% over the past 6 months. One of the strongest data points is 2405 Bruin DR # 59, Spicewood TX 78669, adjusting to $505,800; with a smaller 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