501 Avenue A, Marble Falls TX 78654

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $560,357. I'd recommend coming to market at $438,000 to $448,000 to strike the right balance between value and market velocity. With 7 comparable homes on the market in MARBLE FALLS CITY, this price positions the property as the 3rd least expensive of 7 comparable homes on the market. At 226 sqft larger than the typical comp, the size difference factors into the valuation. Built in 1960, this home is 19 years older than the average comp, which is reflected in the adjustments. The active market in MARBLE FALLS CITY includes 7 comparable homes priced from $415,000 to $1,345,000. The trend in 78654 shows prices have fallen 22.4% in the past 6 months. 1110 Arbor LN, Marble Falls TX 78654 nearby adjusts to $505,992; a strong comparable. Based on 7 relevant data points in MARBLE FALLS CITY, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX