1806 Lacy DR, Marble Falls TX 78654

My analysis of 4 comparable properties puts this home's estimated value at $672,983. Based on how the local market is moving, a list price between $430,000 and $440,000 would position this home well. Relative to what's currently available in LACY LANS, this home would be the 3rd most expensive of 7 comparable homes on the market. At 103 sqft larger than the typical comp, the size difference factors into the valuation. The larger lot (0.66 acres versus the area average of 0.47) contributes to the valuation. Right now, 7 similar properties are competing for buyers in LACY LANS, listed between $415,000 and $1,000,000. The 6 month price trend in 78654: fallen 19.5%. The best comp here is 1203 Arbor LN, Marble Falls TX 78654 at an adjusted value of $368,460, with a larger floor plan and a pool. With 4 comparable sales in LACY LANS, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group