3639 Outback TRL, Spicewood TX 78669

Reviewing the most recent comparable transactions, this home's market value falls around $724,666. For a well positioned listing in 78669, I'd target the $810,000 to $953,000 range. With 1 comparable homes on the market in 78669, this price positions the property as below the only comparable home currently on the market. At 275 sqft larger than the typical comp, the size difference factors into the valuation. At 1.92 acres, the lot is larger than the 1.24 acre comp average, which factors into pricing. Current inventory shows 1 comparable homes in 78669; a buyer's market based on recent absorption. Recent trends in 78669 show home values have risen 6.6% since 6 months ago. The most comparable recent sale is 406 N Ronay DR, Spicewood TX 78669, with an adjusted value of $802,801; with a larger floor plan. The 6 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