500 Ridge Harbor DR, Spicewood TX 78669

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $703,873. I'd recommend coming to market at $400,000 to $410,000 to strike the right balance between value and market velocity. At this price, the property would be the 2nd most expensive of 7 comparable homes on the market comparable homes currently on the market in RIDGE HARBOR. Built in 2007, this home is 6 years older than the average comp, which is reflected in the adjustments. The 2.70 acre lot (larger than the 0.46 acre average) is reflected in the estimate. There are currently 7 similar homes on the market in RIDGE HARBOR, ranging from $425,000 to $1,276,000. The trend in RIDGE HARBOR shows prices have fallen 4% in the past 6 months. 207 Wesley Ridge DR, Spicewood TX 78669 nearby adjusts to $657,904; with a smaller floor plan. Based on 7 relevant data points in RIDGE HARBOR, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX