22715 State Highway 71, Spicewood TX 78669

After reviewing 5 recent transactions in PEDERNALES CANYON RANCH, I estimate this property's value at $890,478. A competitive list price for this home right now would fall in the $862,000 to $876,000 range. Relative to what's currently available in PEDERNALES CANYON RANCH, this home would be below the only comparable home currently on the market. Being 364 sqft smaller than the average comparable sale in this area impacts the per square foot value. Having a pool is a plus; 4 of the 5 comps lacked one. With 1 similar homes currently listed in PEDERNALES CANYON RANCH (a buyer's market), competition is a factor to consider. Prices in 78669 have fallen 5.5% over the last 6 months. A similar home at 25036 RIVER RD, Spicewood TX 78669 carries an adjusted comparable value of $876,072, providing a strong data point. With 5 comparable sales in PEDERNALES CANYON RANCH, 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