411 Oleander DR, Marble Falls TX 78654

Reviewing the most recent comparable transactions, this home's market value falls around $563,882. For a well positioned listing in SHADY ACRES, I'd target the $391,000 to $401,000 range. At this price, the property would be the 4th most expensive of 7 comparable homes on the market comparable homes currently on the market in SHADY ACRES. Being 141 sqft larger than the average comparable sale in this area impacts the per square foot value. The 1970 construction puts this home 5 years older than the comp average, a factor in the pricing. Current inventory shows 7 comparable homes in SHADY ACRES; a buyer's market based on recent absorption. Recent trends in 78654 show home values have fallen 11% since 6 months ago. The most comparable recent sale is 1013 Highland DR, Highland Haven TX 78654, with an adjusted value of $273,295; with a larger floor plan. The 3 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