After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $789,880. Pricing this home between $781,000 and $903,000 would put it in the competitive sweet spot for PALEFACE PARK SEC. This pricing would rank the home as no active comparable homes on the market in PALEFACE PARK SEC's current inventory. At 390 sqft larger than the typical comp, the size difference factors into the valuation. At 8 years older than typical comps, the 1991 build date influences the valuation. Market data shows 78669 prices fallen 13.7% over the last half year. The closest comparable sale, 406 N Ronay DR, Spicewood TX 78669 at an adjusted $762,193, is with a larger floor plan. The comp data here (7 sales in PALEFACE PARK SEC) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property.
Curious about your home's value? Get a free estimate here. Ed Neuhaus