Lot 5 Blacksmith CV, Spicewood TX 78669

Taking into account 7 nearby comparable sales, this property's estimated value comes to $1,214,990. If we were to list this property today, I'd recommend a list price in the $929,000 to $939,000 range. This home's position in the current TRAVIS SETTLEMENT market: the 2nd most expensive of 3 comparable homes on the market among comparable properties. The smaller floor plan (201 sqft compared to the average comp) is a meaningful differentiator in this price range. A pool adds market appeal. Only 7 minus 5 of the comps had one. Current inventory shows 3 comparable homes in TRAVIS SETTLEMENT; a buyer's market based on recent absorption. The 6 month price trend in TRAVIS SETTLEMENT: fallen 66.8%. The best comp here is 19200 White Horse CV, Spicewood TX 78669 at an adjusted value of $930,944, with a larger floor plan and no pool. The strength of this estimate comes from 7 directly comparable sales in TRAVIS SETTLEMENT. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group