23916 Oscar RD, Spicewood TX 78669

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $596,871. I'd recommend coming to market at $433,000 to $443,000 to strike the right balance between value and market velocity. At this price, the property would be the most expensive of 7 comparable homes on the market comparable homes currently on the market in PALEFACE RANCH. At 386 sqft smaller than the typical comp, the size difference factors into the valuation. The 5.01 acre lot (larger than the 2.99 acre average) is reflected in the estimate. Right now, 7 similar properties are competing for buyers in PALEFACE RANCH, listed between $425,000 and $799,000. The trend in PALEFACE RANCH shows prices have fallen 55.6% in the past 6 months. 2201 Improver RD, Spicewood TX 78669 nearby adjusts to $688,604; with a larger floor plan. Based on 7 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