305 Neal LN, Spicewood TX 78669

The market data from 7 similar recent sales in 78669 points to a value of approximately $626,604. To sell within a reasonable timeframe at fair market value, the $614,000 to $639,000 range is where I'd position this. With 6 comparable homes on the market in 78669, this price positions the property as the 2nd least expensive of 6 comparable homes on the market. The 1998 construction puts this home 11 years older than the comp average, a factor in the pricing. At 1.07 acres, the lot is smaller than the 1.80 acre comp average, which factors into pricing. 7 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