2903 Cedar Trail RD, Marble Falls TX 78654

Based on 4 closed sales in HI-RIDGE, the data points to a value around $800,358 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $632,000 to $642,000. This pricing would rank the home as the 4th most expensive of 7 comparable homes on the market in HI-RIDGE's current inventory. The smaller floor plan (269 sqft compared to the average comp) is a meaningful differentiator in this price range. Being built in 1979 (24 years older than comps) is factored into the value estimate. With 7 similar homes currently listed in HI-RIDGE (a buyer's market), competition is a factor to consider. Market data shows 78654 prices risen 7.5% over the last half year. The closest comparable sale, 3502 Mormon Mill RD, Marble Falls TX 78654 at an adjusted $832,168, is with a larger floor plan. The strength of this estimate comes from 4 directly comparable sales in HI-RIDGE. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group