2701 Park Ridge DR, Marble Falls TX 78654

After reviewing 7 recent transactions in HI-RIDGE, I estimate this property's value at $665,394. A competitive list price for this home right now would fall in the $652,000 to $679,000 range. This would position the home competitively among 5 active listings in HI-RIDGE. This home's larger footprint (141 sqft vs the comp average) plays a role in how the market prices it. At 12 years older than typical comps, the 1979 build date influences the valuation. Current inventory shows 5 comparable homes in HI-RIDGE; a buyer's market based on recent absorption. Prices in 78654 have risen 10.4% over the last 6 months. A similar home at 3502 Mormon Mill RD, Marble Falls TX 78654 carries an adjusted comparable value of $770,140, providing a strong data point. The comp data here (7 sales in HI-RIDGE) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus