294 Co Rd 414, Spicewood TX 78669

After reviewing 7 recent transactions in SHADY CREEK RANCHES, I estimate this property's value at $446,497. A competitive list price for this home right now would fall in the $307,000 to $317,000 range. This pricing would rank the home as the 2nd most expensive of 3 comparable homes on the market in SHADY CREEK RANCHES's current inventory. Being 415 sqft smaller than the average comparable sale in this area impacts the per square foot value. At 11 years older than typical comps, the 1979 build date influences the valuation. The active market in SHADY CREEK RANCHES includes 3 comparable homes priced from $305,000 to $625,000. Prices in 78669 have fallen 13.7% over the last 6 months. A similar home at 807 County Road 420, Spicewood TX 78669 carries an adjusted comparable value of $521,716, providing a strong data point. With 7 comparable sales in SHADY CREEK RANCHES, 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