25315 PEDERNALES POINT DR, Spicewood TX 78669

The estimated value of this property is $642,096, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $502,000 and $512,000. In the current POINT PEDERNALES market with 7 similar homes available, this price represents the 2nd least expensive of 7 comparable homes on the market. Being 161 sqft larger than the average comparable sale in this area impacts the per square foot value. Built in 1980, this home is 32 years older than the average comp, which is reflected in the adjustments. With 7 similar homes currently listed in POINT PEDERNALES (a buyer's market), competition is a factor to consider. Recent trends in 78669 show home values have fallen 12% since 6 months ago. The most comparable recent sale is 25837 Case LN # 10, Spicewood TX 78669, with an adjusted value of $441,501; with a larger floor plan. Based on 7 relevant data points in POINT 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