923 Exeter RD, Spicewood TX 78669

The market data from 7 similar recent sales in 78669 points to a value of approximately $525,979. To sell within a reasonable timeframe at fair market value, the $426,000 to $436,000 range is where I'd position this. In the current 78669 market with 2 similar homes available, this price represents the most expensive of 2 comparable homes on the market. The smaller floor plan (380 sqft compared to the average comp) is a meaningful differentiator in this price range. At 5.00 acres, the lot is larger than the 1.78 acre comp average, which factors into pricing. Buyers in 78669 have 2 comparable options right now, with asking prices between $389,000 and $625,000. In 78669, home values have fallen approximately 13.7% over the past 6 months. One of the strongest data points is 825 Turkey Tree RD, Spicewood TX 78669, adjusting to $327,958; 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