919 Johnson WAY, Spicewood TX 78669

The market data from 7 similar recent sales in 78669 points to a value of approximately $399,859. To sell within a reasonable timeframe at fair market value, the $437,000 to $588,000 range is where I'd position this. With 6 comparable homes on the market in 78669, this price positions the property as the 3rd most expensive of 6 comparable homes on the market. The 1970 construction puts this home 14 years older than the comp average, a factor in the pricing. At 1.36 acres, the lot is larger than the 0.52 acre comp average, which factors into pricing. There are currently 6 similar homes on the market in 78669, ranging from $374,900 to $3,750,000. In 78669, home values have risen approximately 10.4% over the past 6 months. One of the strongest data points is 706 Cargill DR, Spicewood TX 78669, adjusting to $141,120; with a larger floor plan. 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