311 Vicinity TRL, Spicewood TX 78669

The market data from 7 similar recent sales in PEDERNALES points to a value of approximately $411,784. To sell within a reasonable timeframe at fair market value, the $339,000 to $349,000 range is where I'd position this. In the current PEDERNALES market with 1 similar homes available, this price represents below the only comparable home currently on the market. This home's smaller footprint (1,436 sqft vs the comp average) plays a role in how the market prices it. The 1952 construction puts this home 42 years older than the comp average, a factor in the pricing. 1 similar homes are currently available in PEDERNALES, creating a buyer's market for this price range. In 78669, home values have fallen approximately 13.7% over the past 6 months. One of the strongest data points is 24803 Lakeview DR, Spicewood TX 78669, adjusting to $318,587; with a larger floor plan. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group