3601 Peninsular N, Marble Falls TX 78654

The market data from 7 similar recent sales in 78654 points to a value of approximately $550,313. To sell within a reasonable timeframe at fair market value, the $534,000 to $567,000 range is where I'd position this. At this price, the property would be below the only comparable home currently on the market comparable homes currently on the market in 78654. The 255 sqft size difference versus comparable sales is reflected in the adjusted values. The 1973 construction puts this home 29 years older than the comp average, a factor in the pricing. There are currently 1 similar homes on the market in 78654, ranging from $699,000 to $699,000. In 78654, home values have fallen approximately 25.2% over the past 6 months. One of the strongest data points is 2000 Kahala Sunset DR, Spicewood TX 78669, adjusting to $466,996; a strong comparable. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group