4901 Little Creek TRL, Spicewood TX 78669

After reviewing 7 recent transactions in LICK CREEK RANCH, I estimate this property's value at $556,066. A competitive list price for this home right now would fall in the $751,000 to $1,050,000 range. Relative to what's currently available in LICK CREEK RANCH, this home would be the most affordable of 2 comparable homes on the market. The smaller floor plan (1,546 sqft compared to the average comp) is a meaningful differentiator in this price range. The smaller lot (1.74 acres versus the area average of 3.15) contributes to the valuation. Buyers in LICK CREEK RANCH have 2 comparable options right now, with asking prices between $1,375,000 and $3,999,000. A similar home at 913 Lake Shore DR, Spicewood TX 78669 carries an adjusted comparable value of $637,507, providing a strong data point. With 7 comparable sales in LICK CREEK RANCH, 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