8800 County Road 404, Spicewood TX 78669

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $337,763. To generate strong buyer interest while maximizing value, I'd price this between $497,000 and $514,000. In the current JAMES H JOHNSON market with 7 similar homes available, this price represents the 2nd least expensive of 7 comparable homes on the market. The 1950 construction puts this home 48 years older than the comp average, a factor in the pricing. At 1.21 acres, the lot is larger than the 1.18 acre comp average, which factors into pricing. The active market in JAMES H JOHNSON includes 7 comparable homes priced from $350,000 to $680,000. The trend in 78669 shows prices have fallen 2.6% in the past 6 months. 409 Lake View DR, Spicewood TX 78669 nearby adjusts to $494,926; 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