403 Echo DR, Spicewood TX 78669

My analysis of 5 comparable properties puts this home's estimated value at $422,212. Based on how the local market is moving, a list price between $260,000 and $270,000 would position this home well. This home's position in the current LAKESIDE BEACH market: the 2nd most expensive of 7 comparable homes on the market among comparable properties. The smaller floor plan (111 sqft compared to the average comp) is a meaningful differentiator in this price range. The larger lot (0.85 acres versus the area average of 0.68) contributes to the valuation. There are currently 7 similar homes on the market in LAKESIDE BEACH, ranging from $275,000 to $599,000. The best comp here is 223 Golf Course DR, Spicewood TX 78669 at an adjusted value of $307,159, a strong comparable. With 5 comparable sales in LAKESIDE BEACH, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group