1515 Northwood DR, Marble Falls TX 78654

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $354,066. To generate strong buyer interest while maximizing value, I'd price this between $232,000 and $242,000. At this price, the property would be the most expensive of 3 comparable homes on the market comparable homes currently on the market in NORTHWOOD ACRES. Being 251 sqft smaller than the average comparable sale in this area impacts the per square foot value. The 1972 construction puts this home 27 years older than the comp average, a factor in the pricing. Current inventory shows 3 comparable homes in NORTHWOOD ACRES; a buyer's market based on recent absorption. The trend in 78654 shows prices have fallen 22.2% in the past 6 months. 813 Lacey Oak CIR, Marble Falls TX 78654 nearby adjusts to $380,080; a strong comparable. 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