116 S S Shorewood DR, Marble Falls TX 78654

The market data from 7 similar recent sales in TANGLEWOOD points to a value of approximately $919,695. To sell within a reasonable timeframe at fair market value, the $250,000 to $260,000 range is where I'd position this. With 7 comparable homes on the market in TANGLEWOOD, this price positions the property as the 2nd least expensive of 7 comparable homes on the market. At 791 sqft larger than the typical comp, the size difference factors into the valuation. At 0.50 acres, the lot is larger than the 0.37 acre comp average, which factors into pricing. Buyers in TANGLEWOOD have 7 comparable options right now, with asking prices between $250,000 and $2,395,000. In TANGLEWOOD, home values have fallen approximately 8.9% over the past 6 months. One of the strongest data points is 523 Contour DR, Granite Shoals TX 78654, adjusting to $1,873,083; with a smaller floor plan. The 7 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