7931 County Road 404, Spicewood TX 78669

The estimated value of this property is $399,340, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $277,000 and $287,000. At this price, the property would be the 3rd least expensive of 7 comparable homes on the market comparable homes currently on the market in SPICEWOOD. The 889 sqft size difference versus comparable sales is reflected in the adjusted values. Built in 1910, this home is 99 years older than the average comp, which is reflected in the adjustments. The active market in SPICEWOOD includes 7 comparable homes priced from $224,990 to $679,000. Recent trends in SPICEWOOD show home values have risen 22.2% since 6 months ago. The most comparable recent sale is 109 Lazy Oak PL, Spicewood TX 78669, with an adjusted value of $605,706; with a larger floor plan. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group