5003 Canyon Ranch TRL, Spicewood TX 78669

My analysis of 7 comparable properties puts this home's estimated value at $934,199. Based on how the local market is moving, a list price between $906,000 and $962,000 would position this home well. Relative to what's currently available in PEDERNALES CANYON RANCH, this home would be below the only comparable home currently on the market. This home's smaller footprint (665 sqft vs the comp average) plays a role in how the market prices it. At 26 years older than typical comps, the 1978 build date influences the valuation. Current inventory shows 1 comparable homes in PEDERNALES CANYON RANCH; a buyer's market based on recent absorption. The 6 month price trend in 78669: risen 8.5%. The best comp here is 406 N Ronay DR, Spicewood TX 78669 at an adjusted value of $699,585, a strong comparable. The comp data here (7 sales in PEDERNALES CANYON RANCH) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus