3054 Cliff Overlook, Spicewood TX 78669

Reviewing the most recent comparable transactions, this home's market value falls around $933,000. For a well positioned listing in 78669, I'd target the $525,000 to $535,000 range. In the current 78669 market with 7 similar homes available, this price represents the most expensive of 7 comparable homes on the market. At 1.81 acres, the lot is larger than the 0.97 acre comp average, which factors into pricing. Right now, 7 similar properties are competing for buyers in 78669, listed between $515,000 and $1,180,000. Recent trends in 78669 show home values have fallen 13.7% since 6 months ago. The most comparable recent sale is 2506 Sailpoint DR, Spicewood TX 78669, with an adjusted value of $1,152,140; a strong comparable. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group