3225 Fall Creek Estates DR, Spicewood TX 78669

My analysis of 7 comparable properties puts this home's estimated value at $1,486,266. Based on how the local market is moving, a list price between $2,233,000 and $2,744,000 would position this home well. Relative to what's currently available in PALEFACE HOMESTEADS, this home would be the most affordable of 3 comparable homes on the market. The larger floor plan (295 sqft compared to the average comp) is a meaningful differentiator in this price range. Having a pool is a plus; 4 of the 7 comps lacked one. Right now, 3 similar properties are competing for buyers in PALEFACE HOMESTEADS, listed between $2,250,000 and $3,850,000. The 6 month price trend in 78669: fallen 6.6%. The best comp here is 2405 Bruin DR # 59, Spicewood TX 78669 at an adjusted value of $561,688, with a smaller floor plan and no pool. With 7 comparable sales in PALEFACE HOMESTEADS, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group