1604 Northwood DR, Marble Falls TX 78654

7 recent sales in the surrounding area of this address suggest a current value of $412,565. My recommended list price range for this property would be $339,000 to $355,000. With 3 comparable homes on the market in NORTHWOOD ACRES, this price positions the property as the 2nd most expensive of 3 comparable homes on the market. The smaller floor plan (403 sqft compared to the average comp) is a meaningful differentiator in this price range. Built in 1976, this home is 16 years older than the average comp, which is reflected in the adjustments. Current inventory shows 3 comparable homes in NORTHWOOD ACRES; a buyer's market based on recent absorption. In 78654, home values have fallen approximately 22.2% over the past 6 months. One of the strongest data points is 1412 Ocotilla DR, Marble Falls TX 78654, adjusting to $204,033; with a larger floor plan. Based on 7 relevant data points in NORTHWOOD ACRES, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX