5016 BOB WIRE RD, Spicewood TX 78669

Based on 7 closed sales in 78669, the data points to a value around $536,143 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $283,000 to $293,000. This pricing would rank the home as the 3rd most expensive of 7 comparable homes on the market in 78669's current inventory. This home's smaller footprint (188 sqft vs the comp average) plays a role in how the market prices it. Lot size matters here: 11.48 acres versus 2.15 for the typical comp. There are currently 7 similar homes on the market in 78669, ranging from $269,999 to $2,670,000. Market data shows 78669 prices risen 18.5% over the last half year. The closest comparable sale, 604 Galston DR, Spicewood TX 78669 at an adjusted $336,420, is a strong comparable. The strength of this estimate comes from 7 directly comparable sales in 78669. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group