1114 Cedar DR, Marble Falls TX 78654

Reviewing the most recent comparable transactions, this home's market value falls around $245,850. For a well positioned listing in PECAN VALLEY, I'd target the $238,000 to $253,000 range. Against 3 similar active listings in PECAN VALLEY, this price point lands at the most affordable of 3 comparable homes on the market. The smaller floor plan (123 sqft compared to the average comp) is a meaningful differentiator in this price range. The 1985 construction puts this home 6 years newer than the comp average, a factor in the pricing. There are currently 3 similar homes on the market in PECAN VALLEY, ranging from $299,900 to $399,900. Recent trends in 78654 show home values have fallen 25.2% since 6 months ago. The most comparable recent sale is 1206 Hackberry DR, Marble Falls TX 78654, with an adjusted value of $285,424; with a larger floor plan. The 5 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group