9616 E State Highway 71, Spicewood TX 78669

Reviewing the most recent comparable transactions, this home's market value falls around $441,440. For a well positioned listing in 78669, I'd target the $322,000 to $332,000 range. 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 78669. The 280 sqft size difference versus comparable sales is reflected in the adjusted values. At 2.89 acres, the lot is smaller than the 4.66 acre comp average, which factors into pricing. Current inventory shows 4 comparable homes in 78669; a buyer's market based on recent absorption. Recent trends in 78669 show home values have fallen 13.7% since 6 months ago. The most comparable recent sale is 401 Lake View DR, Spicewood TX 78669, with an adjusted value of $517,820; a strong comparable. 7 comparable transactions in 78669 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