1348 LAKE SHORE DR, Spicewood TX 78669

After reviewing 5 recent transactions in PEDERNALES BEND, I estimate this property's value at $731,606. A competitive list price for this home right now would fall in the $819,000 to $835,000 range. Buyers shopping in PEDERNALES BEND right now would see this as a well positioned option among 1 comparable homes. This home's larger footprint (867 sqft vs the comp average) plays a role in how the market prices it. The larger lot (1.67 acres versus the area average of 1.01) contributes to the valuation. There are currently 1 similar homes on the market in PEDERNALES BEND, ranging from $2,500,000 to $2,500,000. Prices in 78669 have fallen 14.8% over the last 6 months. A similar home at 25036 RIVER RD, Spicewood TX 78669 carries an adjusted comparable value of $834,659, providing a strong data point. With 5 comparable sales in PEDERNALES BEND, 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