1606 Center ST, Marble Falls TX 78654

Reviewing the most recent comparable transactions, this home's market value falls around $438,952. For a well positioned listing in LAKEVIEW, I'd target the $326,000 to $336,000 range. In the current LAKEVIEW market with 6 similar homes available, this price represents the 3rd least expensive of 6 comparable homes on the market. The 1973 construction puts this home 22 years older than the comp average, a factor in the pricing. At 0.54 acres, the lot is larger than the 0.31 acre comp average, which factors into pricing. Right now, 6 similar properties are competing for buyers in LAKEVIEW, listed between $298,000 and $1,395,000. Recent trends in 78654 show home values have fallen 25.2% since 6 months ago. The most comparable recent sale is 1412 Ocotilla DR, Marble Falls TX 78654, with an adjusted value of $239,594; 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