Taking into account 7 nearby comparable sales, this property's estimated value comes to $1,061,966. If we were to list this property today, I'd recommend a list price in the $693,000 to $703,000 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 (324 sqft compared to the average comp) is a meaningful differentiator in this price range. Lot size matters here: 5.19 acres versus 0.69 for the typical comp. 3 similar homes are currently available in PALEFACE RANCH, creating a buyer's market for this price range. The 6 month price trend in 78669: fallen 14.8%. The best comp here is 27107 Waterfall Hill PKWY, Spicewood TX 78669 at an adjusted value of $1,203,837, with a larger 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
