805 CR 421, Spicewood TX 78669

Reviewing the most recent comparable transactions, this home's market value falls around $1,063,920. For a well positioned listing in 78669, I'd target the $644,000 to $654,000 range. Among the similar homes currently available in 78669, this price point stands out as competitive. At 4.61 acres, the lot is larger than the 1.44 acre comp average, which factors into pricing. With 7 similar homes currently listed in 78669 (a buyer's market), competition is a factor to consider. Recent trends in 78669 show home values have fallen 13.7% since 6 months ago. The most comparable recent sale is 27107 Waterfall Hill PKWY, Spicewood TX 78669, with an adjusted value of $1,203,319; a strong comparable. 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