1201 Arbor LN, Marble Falls TX 78654

The market data from 6 similar recent sales in LACY LANS points to a value of approximately $467,782. To sell within a reasonable timeframe at fair market value, the $338,000 to $348,000 range is where I'd position this. At this price, the property would be the most expensive of 3 comparable homes on the market comparable homes currently on the market in LACY LANS. At 0.44 acres, the lot is larger than the 0.33 acre comp average, which factors into pricing. 3 similar homes are currently available in LACY LANS, creating a buyer's market for this price range. In 78654, home values have fallen approximately 16.6% over the past 6 months. One of the strongest data points is 1412 Ocotilla DR, Marble Falls TX 78654, adjusting to $217,029; with a larger floor plan. 6 comparable transactions in LACY LANS 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