639 Gregg DR, Spicewood TX 78669

Reviewing the most recent comparable transactions, this home's market value falls around $615,745. For a well positioned listing in OAKS SPICEWOOD, I'd target the $470,000 to $480,000 range. With 3 comparable homes on the market in OAKS SPICEWOOD, this price positions the property as the 2nd most expensive of 3 comparable homes on the market. The 1987 construction puts this home 19 years older than the comp average, a factor in the pricing. At 6.81 acres, the lot is larger than the 1.48 acre comp average, which factors into pricing. Buyers in OAKS SPICEWOOD have 3 comparable options right now, with asking prices between $450,000 and $1,650,000. Recent trends in 78669 show home values have fallen 14% since 6 months ago. The most comparable recent sale is 1021 Coventry RD, Spicewood TX 78669, with an adjusted value of $739,674; with a smaller floor plan. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group