2705 Pace Bend RD # 7, Spicewood TX 78669

The comparable sales data (7 recent transactions in 78669) supports an estimated value of $386,592. The data suggests a list price between $285,000 and $295,000 would attract qualified buyers without leaving money on the table. Relative to what's currently available in 78669, this home would be the 2nd least expensive of 6 comparable homes on the market. Being 216 sqft smaller than the average comparable sale in this area impacts the per square foot value. Being built in 1985 (8 years older than comps) is factored into the value estimate. Current inventory shows 6 comparable homes in 78669; a buyer's market based on recent absorption. Prices in 78669 have risen 5.3% over the last 6 months. A similar home at 24807 Martin LN, Spicewood TX 78669 carries an adjusted comparable value of $432,822, providing a strong data point. The strength of this estimate comes from 7 directly comparable sales in 78669. 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