24125 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 $665,895. I'd recommend coming to market at $895,000 to $1,009,000 to strike the right balance between value and market velocity. Against 7 similar active listings in MOUTH PEDERNALES, this price point lands at the 3rd least expensive of 7 comparable homes on the market. The smaller floor plan (405 sqft compared to the average comp) is a meaningful differentiator in this price range. Built in 1986, this home is 20 years older than the average comp, which is reflected in the adjustments. With 7 similar homes currently listed in MOUTH PEDERNALES (a buyer's market), competition is a factor to consider. The trend in 78669 shows prices have fallen 20% in the past 6 months. 420 Bedford DR, Spicewood TX 78669 nearby adjusts to $496,522; with a larger floor plan. Based on 7 relevant data points in MOUTH PEDERNALES, 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