23717 Pedernales Canyon TRL, Spicewood TX 78669

My analysis of 7 comparable properties puts this home's estimated value at $1,746,489. Based on how the local market is moving, a list price between $1,966,000 and $2,589,000 would position this home well. This home's position in the current GRITTEN market: no active comparable homes on the market among comparable properties. At 13 years older than typical comps, the 1996 build date influences the valuation. The larger lot (11.02 acres versus the area average of 3.80) contributes to the valuation. The 6 month price trend in 78669: fallen 13.7%. The best comp here is 3931 R O DR, Spicewood TX 78669 at an adjusted value of $3,078,046, with a larger floor plan. With 7 comparable sales in GRITTEN, 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