000 Pedernales Canyon TRL, Spicewood TX 78669

Based on 7 closed sales in 78669, the data points to a value around $734,215 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $481,000 to $491,000. This would position the home competitively among 4 active listings in 78669. Being built in 1995 (7 years older than comps) is factored into the value estimate. Lot size matters here: 38.06 acres versus 0.63 for the typical comp. The active market in 78669 includes 4 comparable homes priced from $499,531 to $1,450,000. Market data shows 78669 prices fallen 10.5% over the last half year. The closest comparable sale, 604 Galston DR, Spicewood TX 78669 at an adjusted $335,210, is a strong comparable. The strength of this estimate comes from 7 directly comparable sales in 78669. 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