Taking into account 7 nearby comparable sales, this property's estimated value comes to $1,159,981. If we were to list this property today, I'd recommend a list price in the $1,909,000 to $1,979,000 range. This would position the home competitively among 7 active listings in LICK CREEK RANCH. The 1,269 sqft size difference versus comparable sales is reflected in the adjusted values. Lot size matters here: 2.57 acres versus 2.35 for the typical comp. With 7 similar homes currently listed in LICK CREEK RANCH (a buyer's market), competition is a factor to consider. The best comp here is 3830 Verde Knoll DR, Spicewood TX 78669 at an adjusted value of $780,425, 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
