1101 Monterrey Oak CIR, Marble Falls TX 78654

The estimated value of this property is $598,255, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $444,000 and $454,000. In the current FOUR OAKS market with 7 similar homes available, this price represents the 3rd least expensive of 7 comparable homes on the market. Being 165 sqft larger than the average comparable sale in this area impacts the per square foot value. Built in 2006, this home is 23 years newer than the average comp, which is reflected in the adjustments. Current inventory shows 7 comparable homes in FOUR OAKS; a balanced market based on recent absorption. The most comparable recent sale is 813 Lacey Oak CIR, Marble Falls TX 78654, with an adjusted value of $532,067; with a smaller floor plan. Based on 7 relevant data points in FOUR OAKS, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX