23844 Tres Coronas CIR, Spicewood TX 78669

My analysis of 7 comparable properties puts this home's estimated value at $1,330,809. Based on how the local market is moving, a list price between $1,304,000 and $1,357,000 would position this home well. This pricing would rank the home as the 4th most expensive of 7 comparable homes on the market in PALEFACE RANCH's current inventory. This home's larger footprint (821 sqft vs the comp average) plays a role in how the market prices it. At 8 years older than typical comps, the 2000 build date influences the valuation. Current inventory shows 7 comparable homes in PALEFACE RANCH; a balanced market based on recent absorption. The 6 month price trend in PALEFACE RANCH: fallen 53.3%. The best comp here is 23617 Indian Divide CV, Spicewood TX 78669 at an adjusted value of $1,024,560, with a smaller floor plan and a pool. With 7 comparable sales in PALEFACE RANCH, 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