5019 Bob Wire RD # 3, Spicewood TX 78669

Based on 7 closed sales in SCOTT G, the data points to a value around $1,777,593 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $1,724,000 to $1,831,000. This would position the home competitively among 1 active listings in SCOTT G. At 660 sqft larger than the typical comp, the size difference factors into the valuation. Being built in 2006 (6 years older than comps) is factored into the value estimate. There are currently 1 similar homes on the market in SCOTT G, ranging from $1,550,000 to $1,550,000. Market data shows 78669 prices fallen 13.7% over the last half year. The closest comparable sale, 7708 Lynchburg DR, Austin TX 78738 at an adjusted $2,280,975, is with a smaller floor plan and a pool. The strength of this estimate comes from 7 directly comparable sales in SCOTT G. 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