500 Contrails WAY, Spicewood TX 78669

Reviewing the most recent comparable transactions, this home's market value falls around $1,151,391. For a well positioned listing in PILOTS LANDING, I'd target the $1,117,000 to $1,186,000 range. With 1 comparable homes on the market in PILOTS LANDING, this price positions the property as below the only comparable home currently on the market. Being 3,388 sqft larger than the average comparable sale in this area impacts the per square foot value. At 2.21 acres, the lot is larger than the 0.66 acre comp average, which factors into pricing. Buyers in PILOTS LANDING have 1 comparable options right now, with asking prices between $4,209,268 and $4,209,268. Recent trends in 78669 show home values have risen 5.6% since 6 months ago. The most comparable recent sale is 2506 Sailpoint DR, Spicewood TX 78669, with an adjusted value of $1,481,131; with a smaller floor plan. 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