24120 Oscar RD, Spicewood TX 78669

After reviewing 3 recent transactions in PALEFACE RANCH, I estimate this property's value at $1,038,216. A competitive list price for this home right now would fall in the $912,000 to $922,000 range. This pricing would rank the home as the 2nd least expensive of 4 comparable homes on the market in PALEFACE RANCH's current inventory. The 317 sqft size difference versus comparable sales is reflected in the adjusted values. At 6 years older than typical comps, the 2003 build date influences the valuation. With 4 similar homes currently listed in PALEFACE RANCH (a buyer's market), competition is a factor to consider. Prices in PALEFACE RANCH have fallen 64.4% over the last 6 months. A similar home at 23809 Oscar RD, Spicewood TX 78669 carries an adjusted comparable value of $656,700, providing a strong data point. With 3 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