Taking into account 5 nearby comparable sales, this property's estimated value comes to $1,032,434. If we were to list this property today, I'd recommend a list price in the $1,247,000 to $1,402,000 range. Relative to what's currently available in PEDERNALES BEND, this home would be below the only comparable home currently on the market. At 715 sqft larger than the typical comp, the size difference factors into the valuation. A pool adds market appeal. Only 5 minus 5 of the comps had one. With 1 similar homes currently listed in PEDERNALES BEND (a buyer's market), competition is a factor to consider. The 6 month price trend in 78669: risen 16.7%. The best comp here is 25048 River RD, Spicewood TX 78669 at an adjusted value of $926,483, with a smaller floor plan and no pool. The strength of this estimate comes from 5 directly comparable sales in PEDERNALES BEND. 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