2603 Oak Ridge 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 $331,628. I'd recommend coming to market at $437,000 to $665,000 to strike the right balance between value and market velocity. With 4 comparable homes on the market in BIG BEE CREEK, this price positions the property as the most affordable of 4 comparable homes on the market. This home's smaller footprint (819 sqft vs the comp average) plays a role in how the market prices it. Built in 1930, this home is 56 years older than the average comp, which is reflected in the adjustments. Right now, 4 similar properties are competing for buyers in BIG BEE CREEK, listed between $365,000 and $2,295,000. The trend in 78669 shows prices have fallen 10.8% in the past 6 months. 20914 W Lakeshore DR, Spicewood TX 78669 nearby adjusts to $437,041; a strong comparable. 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