25437 PEDERNALES POINT DR, Spicewood TX 78669

The estimated value of this property is $609,840, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $483,000 and $493,000. In the current POINT PEDERNALES market with 7 similar homes available, this price represents the 2nd most expensive of 7 comparable homes on the market. This home's smaller footprint (194 sqft vs the comp average) plays a role in how the market prices it. Built in 1985, this home is 9 years older than the average comp, which is reflected in the adjustments. 7 similar homes are currently available in POINT PEDERNALES, creating a buyer's market for this price range. Recent trends in 78669 show home values have fallen 13.8% since 6 months ago. The most comparable recent sale is 25421 Pedernales Point DR, Spicewood TX 78669, with an adjusted value of $469,156; a strong comparable. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group