2905 Mormon Mill RD, Marble Falls TX 78654

My analysis of 7 comparable properties puts this home's estimated value at $237,374. Based on how the local market is moving, a list price between $280,000 and $282,000 would position this home well. Relative to what's currently available in HI-RIDGE, this home would be no active comparable homes on the market. This home's smaller footprint (446 sqft vs the comp average) plays a role in how the market prices it. At 10 years newer than typical comps, the 1978 build date influences the valuation. The 6 month price trend in 78654: fallen 15.7%. The best comp here is 1122 Northwood DR, Marble Falls TX 78654 at an adjusted value of $279,929, a strong comparable. With 7 comparable sales in HI-RIDGE, 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