1706 Lakecrest DR, Granite Shoals TX 78654

Reviewing the most recent comparable transactions, this home's market value falls around $1,404,807. For a well positioned listing in 78654, I'd target the $583,000 to $593,000 range. With 7 comparable homes on the market in 78654, this price positions the property as the 4th most expensive of 7 comparable homes on the market. The larger floor plan (305 sqft compared to the average comp) is a meaningful differentiator in this price range. At 0.00 acres, the lot is smaller than the 0.36 acre comp average, which factors into pricing. Right now, 7 similar properties are competing for buyers in 78654, listed between $649,000 and $2,395,000. Recent trends in 78654 show home values have fallen 22.2% since 6 months ago. The most comparable recent sale is 300 E Heron DR, Marble Falls TX 78654, with an adjusted value of $2,280,865; with a larger floor plan. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group