Taking into account 7 nearby comparable sales, this property's estimated value comes to $986,586. If we were to list this property today, I'd recommend a list price in the $1,204,000 to $1,255,000 range. This home's position in the current PALEFACE RANCH market: the 2nd most expensive of 3 comparable homes on the market among comparable properties. The larger floor plan (163 sqft compared to the average comp) is a meaningful differentiator in this price range. Being built in 2014 (9 years newer than comps) is factored into the value estimate. 3 similar homes are currently available in PALEFACE RANCH, creating a balanced market for this price range. The 6 month price trend in PALEFACE RANCH: fallen 53.3%. The best comp here is 23928 Oscar RD, Spicewood TX 78669 at an adjusted value of $1,129,657, with a smaller floor plan. This estimate draws on 7 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help.
Ed Neuhaus
