507 5th ST, Marble Falls TX 78654

The market data from 4 similar recent sales in MARBLE FALLS CITY points to a value of approximately $353,619. To sell within a reasonable timeframe at fair market value, the $225,000 to $235,000 range is where I'd position this. Against 7 similar active listings in MARBLE FALLS CITY, this price point lands at the 2nd most expensive of 7 comparable homes on the market. Being 122 sqft smaller than the average comparable sale in this area impacts the per square foot value. At 0.14 acres, the lot is smaller than the 0.18 acre comp average, which factors into pricing. 7 similar homes are currently available in MARBLE FALLS CITY, creating a buyer's market for this price range. In MARBLE FALLS CITY, home values have risen approximately 30.1% over the past 6 months. One of the strongest data points is 605 S Avenue J, Marble Falls TX 78654, adjusting to $311,518; with a smaller floor plan. The 4 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