3221 Fall Creek Estates DR, Spicewood TX 78669

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $1,385,720. To generate strong buyer interest while maximizing value, I'd price this between $1,988,000 and $2,265,000. Against 2 similar active listings in PALEFACE HOMESTEADS, this price point lands at the most affordable of 2 comparable homes on the market. Being 421 sqft larger than the average comparable sale in this area impacts the per square foot value. The pool is a differentiator here, since 4 of 7 comparable sales didn't include one. Current inventory shows 2 comparable homes in PALEFACE HOMESTEADS; a buyer's market based on recent absorption. The trend in 78669 shows prices have fallen 0.1% in the past 6 months. 2405 Bruin DR # 59, Spicewood TX 78669 nearby adjusts to $582,750; with a smaller floor plan and no pool. 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