400 Rocky RD, Marble Falls TX 78657

7 recent sales in the surrounding area of this address suggest a current value of $423,201. My recommended list price range for this property would be $285,000 to $295,000. With 7 comparable homes on the market in LAKE MARBLE FALLS, this price positions the property as the 3rd most expensive of 7 comparable homes on the market. Built in 1985, this home is 8 years older than the average comp, which is reflected in the adjustments. The 9.66 acre lot (larger than the 0.31 acre average) is reflected in the estimate. With 7 similar homes currently listed in LAKE MARBLE FALLS (a buyer's market), competition is a factor to consider. In 78657, home values have fallen approximately 22.6% over the past 6 months. One of the strongest data points is 145 Turkey RUN, Meadowlakes TX 78654, adjusting to $347,490; a strong comparable. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group