Based on 3 closed sales in TWIN ISLE, the data points to a value around $693,226 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $211,000 to $221,000. This home's position in the current TWIN ISLE market: the 0th most expensive of 3 comparable homes on the market among comparable properties. Being 1,383 sqft smaller than the average comparable sale in this area impacts the per square foot value. Being built in 1997 (13 years newer than comps) is factored into the value estimate. Current inventory shows 3 comparable homes in TWIN ISLE; a buyer's market based on recent absorption. Market data shows 78639 prices risen 40.8% over the last half year. The closest comparable sale, 2501 Belaire West LN, Marble Falls TX 78654 at an adjusted $84,781, is with a smaller floor plan. This estimate draws on 3 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help.
Ed Neuhaus