601 Wesley Ridge 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 $1,145,133. I'd recommend coming to market at $767,000 to $777,000 to strike the right balance between value and market velocity. Against 4 similar active listings in 78669, this price point lands at the 2nd most expensive of 4 comparable homes on the market. At 541 sqft larger than the typical comp, the size difference factors into the valuation. Current inventory shows 4 comparable homes in 78669; a buyer's market based on recent absorption. The trend in 78669 shows prices have fallen 5.5% in the past 6 months. 2506 Sailpoint DR, Spicewood TX 78669 nearby adjusts to $1,218,383; with a smaller floor plan. Based on 7 relevant data points in 78669, 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