502 CARGILL DR, Spicewood TX 78669

After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $585,491. Pricing this home between $324,000 and $334,000 would put it in the competitive sweet spot for 78669. This home's position in the current 78669 market: the 4th most expensive of 7 comparable homes on the market among comparable properties. This home's smaller footprint (494 sqft vs the comp average) plays a role in how the market prices it. The smaller lot (0.73 acres versus the area average of 1.20) contributes to the valuation. Current inventory shows 7 comparable homes in 78669; a buyer's market based on recent absorption. Market data shows 78669 prices fallen 13.7% over the last half year. The closest comparable sale, 519 Cowal DR S, Spicewood TX 78669 at an adjusted $384,987, is 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