2819 Cliff PT, Spicewood TX 78669

My analysis of 7 comparable properties puts this home's estimated value at $1,251,477. Based on how the local market is moving, a list price between $1,666,000 and $1,927,000 would position this home well. This pricing would rank the home as the most affordable of 3 comparable homes on the market in LAKECLIFF's current inventory. The larger floor plan (2,880 sqft compared to the average comp) is a meaningful differentiator in this price range. Having a pool is a plus; 5 of the 7 comps lacked one. With 3 similar homes currently listed in LAKECLIFF (a buyer's market), competition is a factor to consider. The 6 month price trend in 78669: risen 4.2%. The best comp here is 2317 Kahala Sunset DR, Spicewood TX 78669 at an adjusted value of $1,107,934, with a smaller floor plan and no pool. With 7 comparable sales in LAKECLIFF, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group