1700 Pace Bend RD, Spicewood TX 78669

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $396,098. To generate strong buyer interest while maximizing value, I'd price this between $434,000 and $584,000. Against 4 similar active listings in 78669, this price point lands at the most affordable of 4 comparable homes on the market. The 1940 construction puts this home 58 years older than the comp average, a factor in the pricing. At 2.00 acres, the lot is larger than the 0.54 acre comp average, which factors into pricing. 4 similar homes are currently available in 78669, creating a buyer's market for this price range. The trend in 78669 shows prices have fallen 13.7% in the past 6 months. 604 Galston DR, Spicewood TX 78669 nearby adjusts to $290,610; a strong comparable. 7 comparable transactions in 78669 support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group