3916 Deer TRL, Spicewood TX 78669

Reviewing the most recent comparable transactions, this home's market value falls around $921,684. For a well positioned listing in LICK CREEK RANCH, I'd target the $631,000 to $641,000 range. With 1 comparable homes on the market in LICK CREEK RANCH, this price positions the property as below the only comparable home currently on the market. At 198 sqft smaller than the typical comp, the size difference factors into the valuation. The 2004 construction puts this home 12 years newer than the comp average, a factor in the pricing. Current inventory shows 1 comparable homes in LICK CREEK RANCH; a buyer's market based on recent absorption. The most comparable recent sale is 3633 Outback TRL, Spicewood TX 78669, with an adjusted value of $570,744; a strong comparable. The 7 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