3702 Mormon Mill RD, Marble Falls TX 78654

Reviewing the most recent comparable transactions, this home's market value falls around $757,226. For a well positioned listing in HI-RIDGE, I'd target the $445,000 to $455,000 range. At this price, the property would be the 2nd most expensive of 6 comparable homes on the market comparable homes currently on the market in HI-RIDGE. This home's smaller footprint (170 sqft vs the comp average) plays a role in how the market prices it. The pool is a differentiator here, since 6 of 7 comparable sales didn't include one. Buyers in HI-RIDGE have 6 comparable options right now, with asking prices between $415,000 and $1,000,000. Recent trends in 78654 show home values have fallen 17.5% since 6 months ago. The most comparable recent sale is 2701 Park View DR, Marble Falls TX 78654, with an adjusted value of $659,475; with a smaller floor plan and no pool. 7 comparable transactions in HI-RIDGE 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