23725 Tres Coronas, Spicewood TX 78669

Based on 7 closed sales in PALEFACE RANCH, the data points to a value around $824,013 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $625,000 to $635,000. Buyers shopping in PALEFACE RANCH right now would see this as a well positioned option among 3 comparable homes. This home's larger footprint (120 sqft vs the comp average) plays a role in how the market prices it. Being built in 2007 (5 years newer than comps) is factored into the value estimate. 3 similar homes are currently available in PALEFACE RANCH, creating a buyer's market for this price range. Market data shows 78669 prices fallen 13.7% over the last half year. The closest comparable sale, 25048 River RD, Spicewood TX 78669 at an adjusted $778,198, is a strong comparable. The strength of this estimate comes from 7 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