23828 Tres Coronas, Spicewood TX 78669

The estimated value of this property is $764,957, based on 3 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $516,000 and $526,000. With 7 comparable homes on the market in PALEFACE RANCH, this price positions the property as the 3rd most expensive of 7 comparable homes on the market. The 5.06 acre lot (larger than the 4.39 acre average) is reflected in the estimate. 7 similar homes are currently available in PALEFACE RANCH, creating a buyer's market for this price range. Recent trends in PALEFACE RANCH show home values have fallen 55.6% since 6 months ago. The most comparable recent sale is 23809 Oscar RD, Spicewood TX 78669, with an adjusted value of $554,265; a strong comparable. Based on 3 relevant data points in PALEFACE RANCH, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX