500 County Road 413, Spicewood TX 78669

My analysis of 7 comparable properties puts this home's estimated value at $668,153. Based on how the local market is moving, a list price between $515,000 and $525,000 would position this home well. Relative to what's currently available in 78669, this home would be the 4th most expensive of 7 comparable homes on the market. At 6 years older than typical comps, the 1996 build date influences the valuation. The larger lot (4.98 acres versus the area average of 1.40) contributes to the valuation. There are currently 7 similar homes on the market in 78669, ranging from $450,000 to $1,650,000. The 6 month price trend in 78669: fallen 13.8%. The best comp here is 1021 Coventry RD, Spicewood TX 78669 at an adjusted value of $822,226, with a smaller floor plan. 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