724 CR 407, Spicewood TX 78654

Based on 7 closed sales in CATALINA SALINAS, the data points to a value around $403,363 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $212,000 to $222,000. This pricing would rank the home as the most expensive of 4 comparable homes on the market in CATALINA SALINAS's current inventory. Being built in 2005 (10 years newer than comps) is factored into the value estimate. Lot size matters here: 5.50 acres versus 0.98 for the typical comp. Buyers in CATALINA SALINAS have 4 comparable options right now, with asking prices between $189,500 and $389,000. Market data shows 78654 prices fallen 25.2% over the last half year. The closest comparable sale, 306 Songwood DR, Spicewood TX 78669 at an adjusted $392,483, is a strong comparable. The strength of this estimate comes from 7 directly comparable sales in CATALINA SALINAS. 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