2801 Cliff PT, Spicewood TX 78669

Reviewing the most recent comparable transactions, this home's market value falls around $1,147,879. For a well positioned listing in LAKECLIFF, I'd target the $1,362,000 to $1,387,000 range. In the current LAKECLIFF market with 3 similar homes available, this price represents the most affordable of 3 comparable homes on the market. The larger floor plan (158 sqft compared to the average comp) is a meaningful differentiator in this price range. The 2023 construction puts this home 5 years newer than the comp average, a factor in the pricing. The active market in LAKECLIFF includes 3 comparable homes priced from $1,439,000 to $1,950,000. Recent trends in LAKECLIFF show home values have risen 31.3% since 6 months ago. The most comparable recent sale is 2308 KAHALA SUNSET DR, Spicewood TX 78669, with an adjusted value of $989,600; with a smaller floor plan. 7 comparable transactions in LAKECLIFF support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group