25210 River, Spicewood TX 78669

After reviewing 6 recent transactions in PEDERNALES BEND, I estimate this property's value at $871,302. A competitive list price for this home right now would fall in the $786,000 to $1,170,000 range. This home's position in the current PEDERNALES BEND market: below the only comparable home currently on the market among comparable properties. This home's larger footprint (397 sqft vs the comp average) plays a role in how the market prices it. At 12 years older than typical comps, the 1985 build date influences the valuation. With 1 similar homes currently listed in PEDERNALES BEND (a buyer's market), competition is a factor to consider. Prices in 78669 have fallen 13.7% over the last 6 months. A similar home at 25048 River RD, Spicewood TX 78669 carries an adjusted comparable value of $692,584, providing a strong data point. With 6 comparable sales in PEDERNALES BEND, 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