918 JOHNSON WAY, Spicewood TX 78669

The comparable sales data (7 recent transactions in LAKEWOOD ESTATES) supports an estimated value of $546,429. The data suggests a list price between $457,000 and $467,000 would attract qualified buyers without leaving money on the table. This home's position in the current LAKEWOOD ESTATES market: the most expensive of 7 comparable homes on the market among comparable properties. Lot size matters here: 1.04 acres versus 0.32 for the typical comp. Current inventory shows 7 comparable homes in LAKEWOOD ESTATES; a buyer's market based on recent absorption. Prices in LAKEWOOD ESTATES have fallen 4.7% over the last 6 months. A similar home at 611 Cargill DR, Spicewood TX 78669 carries an adjusted comparable value of $503,133, providing a strong data point. The strength of this estimate comes from 7 directly comparable sales in LAKEWOOD ESTATES. 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