2723 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 $527,986. I'd recommend coming to market at $517,000 to $539,000 to strike the right balance between value and market velocity. At this price, the property would be the most affordable of 2 comparable homes on the market comparable homes currently on the market in BIG BEE CREEK. The smaller floor plan (867 sqft compared to the average comp) is a meaningful differentiator in this price range. Built in 1960, this home is 38 years older than the average comp, which is reflected in the adjustments. 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