23809 PEDERNALES CANYON TRL, Spicewood TX 78669

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $598,840. I'd recommend coming to market at $376,000 to $386,000 to strike the right balance between value and market velocity. At this price, the property would be the most expensive of 5 comparable homes on the market comparable homes currently on the market in GRITTEN. The 9.72 acre lot (larger than the 1.85 acre average) is reflected in the estimate. The active market in GRITTEN includes 5 comparable homes priced from $400,000 to $799,000. The trend in 78669 shows prices have risen 8.4% in the past 6 months. 25203 Lake View DR, Spicewood TX 78669 nearby adjusts to $821,167; a strong comparable. With 7 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