23420 Oscar RD, Spicewood TX 78669

The estimated value of this property is $872,105, based on 4 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $496,000 and $506,000. At this price, the property would be the 2nd most expensive of 7 comparable homes on the market comparable homes currently on the market in PALEFACE RANCH. Built in 2013, this home is 5 years newer than the average comp, which is reflected in the adjustments. The 5.11 acre lot (larger than the 4.77 acre average) is reflected in the estimate. Right now, 7 similar properties are competing for buyers in PALEFACE RANCH, listed between $474,900 and $1,450,000. Recent trends in PALEFACE RANCH show home values have fallen 60% since 6 months ago. The most comparable recent sale is 23928 Oscar RD, Spicewood TX 78669, with an adjusted value of $1,066,082; with a larger floor plan. With 4 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group