919 Johnson WAY, Spicewood TX 78669

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $541,471. To generate strong buyer interest while maximizing value, I'd price this between $310,000 and $320,000. At this price, the property would be the 2nd least expensive of 4 comparable homes on the market comparable homes currently on the market in LAKEWOOD ESTATES. The 765 sqft size difference versus comparable sales is reflected in the adjusted values. The 1970 construction puts this home 9 years older than the comp average, a factor in the pricing. Current inventory shows 4 comparable homes in LAKEWOOD ESTATES; a buyer's market based on recent absorption. The trend in LAKEWOOD ESTATES shows prices have fallen 4.7% in the past 6 months. 20914 W Lakeshore DR, Spicewood TX 78669 nearby adjusts to $556,303; a strong comparable. 5 comparable transactions in LAKEWOOD ESTATES 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