1204 Northwood DR, Marble Falls TX 78654

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $364,421. To generate strong buyer interest while maximizing value, I'd price this between $221,000 and $231,000. With 7 comparable homes on the market in LACY LANS, this price positions the property as the most expensive of 7 comparable homes on the market. The 1986 construction puts this home 6 years older than the comp average, a factor in the pricing. At 0.46 acres, the lot is larger than the 0.26 acre comp average, which factors into pricing. Right now, 7 similar properties are competing for buyers in LACY LANS, listed between $220,000 and $389,000. The trend in 78654 shows prices have fallen 21.8% in the past 6 months. 419 Avenue E, Marble Falls TX 78654 nearby adjusts to $414,270; a strong comparable. 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