716 Jim Bowie DR, Spicewood TX 78669

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $557,873. I'd recommend coming to market at $547,000 to $569,000 to strike the right balance between value and market velocity. At this price, the property would be the most expensive of 5 comparable homes on the market comparable homes currently on the market in PALEFACE LAKE COUNTRY ESTATES. The smaller floor plan (194 sqft compared to the average comp) is a meaningful differentiator in this price range. Built in 1984, this home is 15 years older than the average comp, which is reflected in the adjustments. Right now, 5 similar properties are competing for buyers in PALEFACE LAKE COUNTRY ESTATES, listed between $290,000 and $589,000. The trend in 78669 shows prices have risen 4.7% in the past 6 months. 25409 Pedernales Point DR, Spicewood TX 78669 nearby adjusts to $575,484; with a smaller floor plan. Based on 7 relevant data points in PALEFACE LAKE COUNTRY ESTATES, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX