1420 Successor RD, Spicewood TX 78669

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $893,706. I'd recommend coming to market at $867,000 to $921,000 to strike the right balance between value and market velocity. At this price, the property would be below the only comparable home currently on the market comparable homes currently on the market in PALEFACE RANCH. The larger floor plan (451 sqft compared to the average comp) is a meaningful differentiator in this price range. The 5.05 acre lot (larger than the 3.09 acre average) is reflected in the estimate. The active market in PALEFACE RANCH includes 1 comparable homes priced from $1,199,000 to $1,199,000. The trend in PALEFACE RANCH shows prices have fallen 55.6% in the past 6 months. 23809 Oscar RD, Spicewood TX 78669 nearby adjusts to $587,514; with a smaller floor plan. Based on 7 relevant data points in PALEFACE RANCH, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX