24427 Pedernales DR, Spicewood TX 78669

Based on 7 closed sales in 78669, the data points to a value around $673,939 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $287,000 to $297,000. Relative to what's currently available in 78669, this home would be the 3rd most expensive of 7 comparable homes on the market. The 184 sqft size difference versus comparable sales is reflected in the adjusted values. Being built in 2013 (8 years older than comps) is factored into the value estimate. With 7 similar homes currently listed in 78669 (a buyer's market), competition is a factor to consider. Market data shows 78669 prices risen 4.7% over the last half year. The closest comparable sale, 1949 Art Adams WAY, Spicewood TX 78669 at an adjusted $900,342, is a strong comparable. The strength of this estimate comes from 7 directly comparable sales in 78669. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group