24903 Lakeview DR, Spicewood TX 78669

After reviewing 7 recent transactions in PEDERNALES, I estimate this property's value at $387,175. A competitive list price for this home right now would fall in the $322,000 to $332,000 range. This pricing would rank the home as below the only comparable home currently on the market in PEDERNALES's current inventory. At 1,089 sqft smaller than the typical comp, the size difference factors into the valuation. At 20 years older than typical comps, the 1962 build date influences the valuation. Current inventory shows 1 comparable homes in PEDERNALES; a buyer's market based on recent absorption. Prices in 78669 have risen 20% over the last 6 months. A similar home at 24221 Pedernales Cliff TRL # 2, Spicewood TX 78669 carries an adjusted comparable value of $396,207, providing a strong data point. With 7 comparable sales in PEDERNALES, 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