500 Paleface Ranch RD, Spicewood TX 78669

Based on 7 closed sales in 78669, the data points to a value around $1,368,051 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $867,000 to $877,000. Buyers shopping in 78669 right now would see this as a well positioned option among 7 comparable homes. The 474 sqft size difference versus comparable sales is reflected in the adjusted values. A pool adds market appeal. Only 7 minus 3 of the comps had one. Current inventory shows 7 comparable homes in 78669; a buyer's market based on recent absorption. Market data shows 78669 prices fallen 6.5% over the last half year. The closest comparable sale, 27501 Waterfall Hill PKWY, Spicewood TX 78669 at an adjusted $1,325,350, is with a smaller floor plan. The strength of this estimate comes from 7 directly comparable sales in 78669. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group