4112 BOB WIRE RD, Spicewood TX 78669

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $582,383. I'd recommend coming to market at $434,000 to $444,000 to strike the right balance between value and market velocity. Against 5 similar active listings in SPICEWOOD, this price point lands at the 3rd most expensive of 5 comparable homes on the market. This home's smaller footprint (506 sqft vs the comp average) plays a role in how the market prices it. Built in 1997, this home is 13 years older than the average comp, which is reflected in the adjustments. 5 similar homes are currently available in SPICEWOOD, creating a buyer's market for this price range. The trend in SPICEWOOD shows prices have fallen 54.5% in the past 6 months. 519 Cowal DR S, Spicewood TX 78669 nearby adjusts to $402,025; with a smaller floor plan. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group