1006 Elm LN, Marble Falls TX 78654

Reviewing the most recent comparable transactions, this home's market value falls around $364,481. For a well positioned listing in NUNNALLY & GRIFFIN, I'd target the $226,000 to $236,000 range. With 6 comparable homes on the market in NUNNALLY & GRIFFIN, this price positions the property as the 2nd most expensive of 6 comparable homes on the market. The 1974 construction puts this home 19 years older than the comp average, a factor in the pricing. At 0.49 acres, the lot is larger than the 0.32 acre comp average, which factors into pricing. The active market in NUNNALLY & GRIFFIN includes 6 comparable homes priced from $230,000 to $450,000. Recent trends in 78654 show home values have fallen 20.5% since 6 months ago. The most comparable recent sale is 210 Meadowlakes DR, Meadowlakes TX 78654, with an adjusted value of $404,079; a strong comparable. 7 comparable transactions in NUNNALLY & GRIFFIN 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