2801 Cliff PT, Spicewood TX 78669

Reviewing the most recent comparable transactions, this home's market value falls around $1,538,932. For a well positioned listing in 78669, I'd target the $361,000 to $371,000 range. In the current 78669 market with 7 similar homes available, this price represents the most expensive of 7 comparable homes on the market. The larger floor plan (685 sqft compared to the average comp) is a meaningful differentiator in this price range. The 2023 construction puts this home 6 years newer than the comp average, a factor in the pricing. The active market in 78669 includes 7 comparable homes priced from $429,900 to $1,749,000. Recent trends in 78669 show home values have fallen 13.7% since 6 months ago. The most comparable recent sale is 1215 Lake Shore DR, Spicewood TX 78669, with an adjusted value of $1,143,133; with a smaller floor plan. 3 comparable transactions in 78669 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