3816 Bob Wire RD, Spicewood TX 78669

The market data from 7 similar recent sales in 78669 points to a value of approximately $2,949,947. To sell within a reasonable timeframe at fair market value, the $2,250,000 to $2,260,000 range is where I'd position this. In the current 78669 market with 1 similar homes available, this price represents below the only comparable home currently on the market. At 1,160 sqft larger than the typical comp, the size difference factors into the valuation. The 2007 construction puts this home 9 years older than the comp average, a factor in the pricing. There are currently 1 similar homes on the market in 78669, ranging from $2,150,000 to $2,150,000. In 78669, home values have fallen approximately 13.7% over the past 6 months. One of the strongest data points is 19520 Tessa HTS, Spicewood TX 78669, adjusting to $2,977,236; with a smaller floor plan. 7 comparable transactions in 78669 support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group