3312 Pace Bend RD S, Spicewood TX 78669

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $516,809. To generate strong buyer interest while maximizing value, I'd price this between $364,000 and $374,000. In the current PALEFACE PARK SEC market with 4 similar homes available, this price represents the most expensive of 4 comparable homes on the market. Being 161 sqft smaller than the average comparable sale in this area impacts the per square foot value. At 1.50 acres, the lot is larger than the 1.24 acre comp average, which factors into pricing. Current inventory shows 4 comparable homes in PALEFACE PARK SEC; a buyer's market based on recent absorption. The trend in 78669 shows prices have fallen 3.4% in the past 6 months. 604 Galston DR, Spicewood TX 78669 nearby adjusts to $379,079; with a smaller floor plan. 7 comparable transactions in PALEFACE PARK SEC support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group