Ed's Opinion of Value

$317,240 Ed's Estimate: $578,535 $2,375,000
Lowest Comp Recommended List: $444,000 to $454,000 Highest Comp
Based on 7 closed sales in PECAN VALLEY, the data points to a value around $578,535 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $444,000 to $454,000. Buyers shopping in PECAN VALLEY right now would see this as a well positioned option among 7 comparable homes. At 579 sqft larger than the typical comp, the size difference factors into the valuation. Being built in 2021 (7 years newer than comps) is factored into the value estimate. The active market in PECAN VALLEY includes 7 comparable homes priced from $425,000 to $2,795,000. Market data shows 78654 prices fallen 25.2% over the last half year. The closest comparable sale, 302 Columbine ST, Marble Falls TX 78654 at an adjusted $575,605, is with a larger floor plan. The strength of this estimate comes from 7 directly comparable sales in PECAN VALLEY. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group
0 Beds
0 Baths 2 Full
3,127 Sq Ft
0.28 Acres
2021 Built
2 Garage

About This Property

Brand new attached 1/2 duplex unit in the Pecan Valley neighborhood of Pecan Valley! Estimated completion March 31, 2021. This property features an in-law floor plan with the owner's suite towards the back of the home and the two secondary bedrooms towards the front. The finish includes polished concrete floors, custom espresso knotty alder cabinets, quartzite counters & Kitchen Aid appliances - see photos for samples. Walk to the neighborhood waterfront park.

Features

  • High Ceilings
  • In-Law Floorplan
  • Open Floorplan
  • Pantry
  • Primary Bedroom on Main
  • Walk-In Closet(s)
  • Stone Counters

Location

Schools

School District Marble Falls ISD
Elementary Marble Falls
Middle School Marble Falls
High School Marble Falls

Property Details

Property Type Residential Income
Flooring Concrete
Cooling Central Air
Heating Central
Exterior Private Yard
County Burnet
MLS # 7703910

Parking

Garage 2 spaces

HOA & Community

HOA Fee $35 /Annually
HOA Includes Common Area Maintenance

Listing History

MLS# 7703910 8 days
May 13, 2021 Off Market
Mar 15, 2021 Listed $560,000

Frequently Asked Questions About 1111 Cedar DR, Marble Falls TX 78654

When was 1111 Cedar DR, Marble Falls TX 78654 built?

1111 Cedar DR, Marble Falls TX 78654 was built in 2021.

How much does 1111 Cedar DR, Marble Falls TX 78654 cost?

1111 Cedar DR, Marble Falls TX 78654 sold on May 13, 2021. Contact us for sale price details.

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