1201 F M 1431 # 2, Marble Falls TX 78654

After reviewing 5 recent transactions in NORTHWOOD TERRACE, I estimate this property's value at $243,908. A competitive list price for this home right now would fall in the $274,000 to $319,000 range. This would position the home competitively among 4 active listings in NORTHWOOD TERRACE. This home's smaller footprint (111 sqft vs the comp average) plays a role in how the market prices it. The smaller lot (0.00 acres versus the area average of 0.23) contributes to the valuation. 4 similar homes are currently available in NORTHWOOD TERRACE, creating a buyer's market for this price range. Prices in 78654 have fallen 22.2% over the last 6 months. A similar home at 1122 Northwood DR, Marble Falls TX 78654 carries an adjusted comparable value of $261,857, providing a strong data point. With 5 comparable sales in NORTHWOOD TERRACE, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group