4908 Star Canyon TRL, Spicewood TX 78669

After reviewing 7 recent transactions in 78669, I estimate this property's value at $1,413,658. A competitive list price for this home right now would fall in the $1,206,000 to $1,216,000 range. This would position the home competitively among 3 active listings in 78669. The larger floor plan (194 sqft compared to the average comp) is a meaningful differentiator in this price range. The larger lot (4.07 acres versus the area average of 2.35) contributes to the valuation. The active market in 78669 includes 3 comparable homes priced from $1,250,000 to $1,490,000. Prices in 78669 have fallen 13.8% over the last 6 months. A similar home at 23601 Old Ferry RD # 20, Spicewood TX 78669 carries an adjusted comparable value of $1,505,431, providing a strong data point. The comp data here (7 sales in 78669) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus