3725 BEE CREEK RD, Spicewood TX 78669

My analysis of 3 comparable properties puts this home's estimated value at $921,628. Based on how the local market is moving, a list price between $1,042,000 and $1,110,000 would position this home well. Relative to what's currently available in TRAVIS SETTLEMENT, this home would be the 2nd most expensive of 3 comparable homes on the market. The larger floor plan (360 sqft compared to the average comp) is a meaningful differentiator in this price range. The larger lot (3.12 acres versus the area average of 2.27) contributes to the valuation. With 3 similar homes currently listed in TRAVIS SETTLEMENT (a buyer's market), competition is a factor to consider. The 6 month price trend in TRAVIS SETTLEMENT: fallen 56.5%. The best comp here is 19215 White Horse CV, Spicewood TX 78669 at an adjusted value of $880,700, a strong comparable. The comp data here (3 sales in TRAVIS SETTLEMENT) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus