437 County Road 413, Spicewood TX 78669

The market data from 7 similar recent sales in 78669 points to a value of approximately $580,295. To sell within a reasonable timeframe at fair market value, the $454,000 to $464,000 range is where I'd position this. Among the similar homes currently available in 78669, this price point stands out as competitive. The 1984 construction puts this home 23 years older than the comp average, a factor in the pricing. At 77.41 acres, the lot is larger than the 1.39 acre comp average, which factors into pricing. Current inventory shows 7 comparable homes in 78669; a buyer's market based on recent absorption. In 78669, home values have fallen approximately 14.8% over the past 6 months. One of the strongest data points is 318 Coventry RD, Spicewood TX 78669, adjusting to $483,682; 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