24001 Pedernales DR, Spicewood TX 78669

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $501,320. I'd recommend coming to market at $384,000 to $394,000 to strike the right balance between value and market velocity. With 4 comparable homes on the market in 78669, this price positions the property as the most expensive of 4 comparable homes on the market. The smaller floor plan (275 sqft compared to the average comp) is a meaningful differentiator in this price range. Built in 1978, this home is 13 years older than the average comp, which is reflected in the adjustments. Buyers in 78669 have 4 comparable options right now, with asking prices between $400,000 and $649,900. The trend in 78669 shows prices have risen 4.7% in the past 6 months. 204 Topspin DR, Spicewood TX 78669 nearby adjusts to $276,132; a strong comparable. Based on 7 relevant data points in 78669, 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