Taking into account 7 nearby comparable sales, this property's estimated value comes to $852,081. If we were to list this property today, I'd recommend a list price in the $1,167,000 to $1,280,000 range. This would position the home competitively among 6 active listings in LICK CREEK RANCH. The 1,980 sqft size difference versus comparable sales is reflected in the adjusted values. Being built in 2012 (8 years newer than comps) is factored into the value estimate. With 6 similar homes currently listed in LICK CREEK RANCH (a seller's market), competition is a factor to consider. The best comp here is 24240 Spur TRL, Spicewood TX 78669 at an adjusted value of $1,034,017, with a smaller floor plan. The strength of this estimate comes from 7 directly comparable sales in LICK CREEK RANCH. 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
