27600 F M Road 1431, Marble Falls TX 78654

The market data from 7 similar recent sales in 78654 points to a value of approximately $565,293. To sell within a reasonable timeframe at fair market value, the $484,000 to $494,000 range is where I'd position this. At this price, the property would be the most expensive of 2 comparable homes on the market comparable homes currently on the market in 78654. This home's smaller footprint (663 sqft vs the comp average) plays a role in how the market prices it. At 4.01 acres, the lot is larger than the 2.74 acre comp average, which factors into pricing. Current inventory shows 2 comparable homes in 78654; 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 2405 Founders CIR, Spicewood TX 78669, adjusting to $451,395; with a larger floor plan. 7 comparable transactions in 78654 support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group