424 Bedford DR, Spicewood TX 78669

This home was listed at $379,900 and was on the market for 45 days before being withdrawn. Based on comparable sales, the market data suggests a value closer to $390,087. Here are some factors that may have played a role: At the time, there appear to have been 1 similar homes available at lower price points, which may have given buyers other options. At $422/sqft, the asking price was 94% above the area median, though there may have been upgrades or features not captured in the data. Built in 1986, this home may have faced competition from newer construction in the area priced similarly. At 1,019 sqft smaller than the typical comp, the size difference factors into the valuation. The 1986 construction puts this home 14 years older than the comp average, a factor in the pricing. 7 comparable transactions in WINDERMERE OAKS 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