3401 Bee Creek RD, Spicewood TX 78669

Based on 7 closed sales in TRAVIS SETTLEMENT, the data points to a value around $742,808 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $427,000 to $437,000. Buyers shopping in TRAVIS SETTLEMENT right now would see this as a well positioned option among 7 comparable homes. Being built in 1994 (8 years older than comps) is factored into the value estimate. Lot size matters here: 1.99 acres versus 0.84 for the typical comp. Current inventory shows 7 comparable homes in TRAVIS SETTLEMENT; a buyer's market based on recent absorption. Market data shows TRAVIS SETTLEMENT prices fallen 21.2% over the last half year. The closest comparable sale, 4905 Creek Meadow CV, Spicewood TX 78669 at an adjusted $545,471, is with a smaller floor plan. The strength of this estimate comes from 7 directly comparable sales in TRAVIS SETTLEMENT. 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