309 Hummingbird WAY, Spicewood TX 78669

The comparable sales data (3 recent transactions in PLACE) supports an estimated value of $590,676. The data suggests a list price between $579,000 and $602,000 would attract qualified buyers without leaving money on the table. Relative to what's currently available in PLACE, this home would be the 3rd most expensive of 7 comparable homes on the market. The 193 sqft size difference versus comparable sales is reflected in the adjusted values. Being built in 2004 (8 years newer than comps) is factored into the value estimate. The active market in PLACE includes 7 comparable homes priced from $441,250 to $1,250,000. Prices in 78669 have risen 4.4% over the last 6 months. A similar home at 326 Lost Cove DR, Spicewood TX 78669 carries an adjusted comparable value of $527,249, providing a strong data point. The strength of this estimate comes from 3 directly comparable sales in PLACE. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group