4094 Bee Creek RD, Spicewood TX 78669

The market data from 7 similar recent sales in TRAVIS SETTLEMENT points to a value of approximately $909,688. To sell within a reasonable timeframe at fair market value, the $1,027,000 to $1,038,000 range is where I'd position this. Against 6 similar active listings in TRAVIS SETTLEMENT, this price point lands at the 2nd least expensive of 6 comparable homes on the market. The 1993 construction puts this home 12 years older than the comp average, a factor in the pricing. At 6.00 acres, the lot is larger than the 2.00 acre comp average, which factors into pricing. Current inventory shows 6 comparable homes in TRAVIS SETTLEMENT; a buyer's market based on recent absorption. In TRAVIS SETTLEMENT, home values have fallen approximately 39.6% over the past 6 months. One of the strongest data points is 4005 Skillet CV, Spicewood TX 78669, adjusting to $1,037,987; with a smaller floor plan. 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