24907 Lake View 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 $420,164. I'd recommend coming to market at $476,000 to $525,000 to strike the right balance between value and market velocity. At this price, the property would be the most expensive of 2 comparable homes on the market comparable homes currently on the market in PEDERNALES. The smaller floor plan (799 sqft compared to the average comp) is a meaningful differentiator in this price range. Built in 1960, this home is 25 years older than the average comp, which is reflected in the adjustments. 2 similar homes are currently available in PEDERNALES, creating a buyer's market for this price range. The trend in 78669 shows prices have fallen 13.7% in the past 6 months. 24803 Lakeview DR, Spicewood TX 78669 nearby adjusts to $360,987; with a larger floor plan. Based on 7 relevant data points in 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