502 East Ave, Marble Falls TX 78654

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $329,830. To generate strong buyer interest while maximizing value, I'd price this between $219,000 and $229,000. Among the similar homes currently available in 78654, this price point stands out as competitive. The 1962 construction puts this home 36 years older than the comp average, a factor in the pricing. At 0.24 acres, the lot is smaller than the 0.27 acre comp average, which factors into pricing. Current inventory shows 7 comparable homes in 78654; a buyer's market based on recent absorption. The trend in 78654 shows prices have fallen 20.7% in the past 6 months. 1107 Elm LN, Marble Falls TX 78654 nearby adjusts to $247,474; 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