115 Norwood DR, Granite Shoals TX 78654

The market data from 4 similar recent sales in TANGLEWOOD points to a value of approximately $947,416. To sell within a reasonable timeframe at fair market value, the $928,000 to $966,000 range is where I'd position this. With 3 comparable homes on the market in TANGLEWOOD, this price positions the property as the 2nd most expensive of 3 comparable homes on the market. The larger floor plan (882 sqft compared to the average comp) is a meaningful differentiator in this price range. At 0.46 acres, the lot is larger than the 0.36 acre comp average, which factors into pricing. The active market in TANGLEWOOD includes 3 comparable homes priced from $619,900 to $2,250,000. In TANGLEWOOD, home values have fallen approximately 18.1% over the past 6 months. One of the strongest data points is 1833 Highland DR, Marble Falls TX 78654, adjusting to $1,150,303; with a smaller floor plan. 4 comparable transactions in TANGLEWOOD 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