919 Debco LN, Spicewood TX 78669

The market data from 7 similar recent sales in SIESTA SHORES points to a value of approximately $704,218. To sell within a reasonable timeframe at fair market value, the $886,000 to $943,000 range is where I'd position this. At this price, the property would be the most affordable of 3 comparable homes on the market comparable homes currently on the market in SIESTA SHORES. At 416 sqft larger than the typical comp, the size difference factors into the valuation. At 1.01 acres, the lot is larger than the 0.68 acre comp average, which factors into pricing. The active market in SIESTA SHORES includes 3 comparable homes priced from $999,950 to $1,950,000. In 78669, home values have fallen approximately 10% over the past 6 months. One of the strongest data points is 20106 Moon Dance LN, Spicewood TX 78669, adjusting to $585,346; with a smaller floor plan and a pool. 7 comparable transactions in SIESTA SHORES support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group