000 Paleface Ranch RD S, Spicewood TX 78669

After reviewing 7 recent transactions in 78669, I estimate this property's value at $1,444,721. A competitive list price for this home right now would fall in the $1,401,000 to $1,488,000 range. This home's position in the current 78669 market: below the only comparable home currently on the market among comparable properties. Being 1,717 sqft larger than the average comparable sale in this area impacts the per square foot value. Having a pool is a plus; 3 of the 7 comps lacked one. Current inventory shows 1 comparable homes in 78669; a buyer's market based on recent absorption. Prices in 78669 have fallen 12.2% over the last 6 months. A similar home at 115 Hidden Hills DR, Spicewood TX 78669 carries an adjusted comparable value of $2,074,125, 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