1502 Ocotilla DR, Marble Falls TX 78654

Based on 7 closed sales in NORTHWOOD ACRES, the data points to a value around $405,089 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $393,000 to $417,000. This home's position in the current NORTHWOOD ACRES market: below the only comparable home currently on the market among comparable properties. At 216 sqft smaller than the typical comp, the size difference factors into the valuation. Being built in 1972 (23 years older than comps) is factored into the value estimate. 1 similar homes are currently available in NORTHWOOD ACRES, creating a buyer's market for this price range. Market data shows 78654 prices fallen 19.4% over the last half year. The closest comparable sale, 1412 Ocotilla DR, Marble Falls TX 78654 at an adjusted $212,153, is with a larger floor plan. This estimate draws on 7 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus