23725 Tres Coronas, Spicewood TX 78669

Based on 5 closed sales in PALEFACE RANCH, the data points to a value around $836,249 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $614,000 to $624,000. Buyers shopping in PALEFACE RANCH right now would see this as a well positioned option among 7 comparable homes. Being built in 2007 (5 years newer than comps) is factored into the value estimate. Lot size matters here: 5.04 acres versus 4.38 for the typical comp. 7 similar homes are currently available in PALEFACE RANCH, creating a balanced market for this price range. Market data shows PALEFACE RANCH prices fallen 55.6% over the last half year. The closest comparable sale, 23809 Oscar RD, Spicewood TX 78669 at an adjusted $535,138, is with a larger floor plan. The strength of this estimate comes from 5 directly comparable sales in PALEFACE RANCH. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group