938 Wesley Ridge DR, Spicewood TX 78669

After reviewing 7 recent transactions in 78669, I estimate this property's value at $865,778. A competitive list price for this home right now would fall in the $657,000 to $667,000 range. This home's position in the current 78669 market: the most expensive of 7 comparable homes on the market among comparable properties. The smaller lot (0.37 acres versus the area average of 1.01) contributes to the valuation. There are currently 7 similar homes on the market in 78669, ranging from $600,000 to $899,000. Prices in 78669 have fallen 10% over the last 6 months. A similar home at 515 Coventry RD, Spicewood TX 78669 carries an adjusted comparable value of $656,084, providing a strong data point. With 7 comparable sales in 78669, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group