110 Elm DR, Marble Falls TX 78654

The market data from 7 similar recent sales in SHADY ACRES points to a value of approximately $402,964. To sell within a reasonable timeframe at fair market value, the $166,000 to $176,000 range is where I'd position this. At this price, the property would be the most expensive of 4 comparable homes on the market comparable homes currently on the market in SHADY ACRES. Being 372 sqft smaller than the average comparable sale in this area impacts the per square foot value. The 1960 construction puts this home 23 years older than the comp average, a factor in the pricing. Current inventory shows 4 comparable homes in SHADY ACRES; a buyer's market based on recent absorption. In 78654, home values have risen approximately 9.4% over the past 6 months. One of the strongest data points is 2410 Lakeview LN, Granite Shoals TX 78654, adjusting to $161,924; a strong comparable. 7 comparable transactions in SHADY ACRES 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