2801 Indian Divide RD, Spicewood TX 78669

Based on 7 closed sales in PALEFACE RANCH, the data points to a value around $1,362,337 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $1,196,000 to $1,206,000. This would position the home competitively among 4 active listings in PALEFACE RANCH. The larger floor plan (1,433 sqft compared to the average comp) is a meaningful differentiator in this price range. Being built in 2001 (9 years older than comps) is factored into the value estimate. With 4 similar homes currently listed in PALEFACE RANCH (a buyer's market), competition is a factor to consider. Market data shows 78669 prices fallen 10% over the last half year. The closest comparable sale, 1419 Likeness RD, Spicewood TX 78669 at an adjusted $2,026,802, is with a pool. This estimate draws on 7 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus