2919 Cliff PT, Spicewood TX 78669

My analysis of 7 comparable properties puts this home's estimated value at $1,268,595. Based on how the local market is moving, a list price between $1,500,000 and $1,611,000 would position this home well. Relative to what's currently available in 78669, this home would be the most affordable of 3 comparable homes on the market. This home's larger footprint (1,754 sqft vs the comp average) plays a role in how the market prices it. At 5 years older than typical comps, the 2001 build date influences the valuation. 3 similar homes are currently available in 78669, creating a buyer's market for this price range. The 6 month price trend in 78669: fallen 13.7%. The best comp here is 26302 Countryside DR, Spicewood TX 78669 at an adjusted value of $1,858,791, with a smaller floor plan and a pool. The comp data here (7 sales in 78669) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus