2800 Indian Divide RD, Spicewood TX 78669

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $865,964. I'd recommend coming to market at $463,000 to $473,000 to strike the right balance between value and market velocity. In the current PALEFACE RANCH market with 7 similar homes available, this price represents the 4th most expensive of 7 comparable homes on the market. The 5.33 acre lot (larger than the 4.41 acre average) is reflected in the estimate. Right now, 7 similar properties are competing for buyers in PALEFACE RANCH, listed between $459,000 and $15,000,000. The trend in PALEFACE RANCH shows prices have fallen 55.6% in the past 6 months. 23809 Oscar RD, Spicewood TX 78669 nearby adjusts to $505,820; with a larger floor plan. Based on 5 relevant data points in PALEFACE RANCH, 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