551 Avenida Serena, Marble Falls TX 78654

The market data from 6 similar recent sales in VISTA DEL RIO points to a value of approximately $666,736. To sell within a reasonable timeframe at fair market value, the $716,000 to $721,000 range is where I'd position this. With 1 comparable homes on the market in VISTA DEL RIO, this price positions the property as below the only comparable home currently on the market. The 559 sqft size difference versus comparable sales is reflected in the adjusted values. The 1998 construction puts this home 7 years older than the comp average, a factor in the pricing. With 1 similar homes currently listed in VISTA DEL RIO (a buyer's market), competition is a factor to consider. In 78654, home values have fallen approximately 11% over the past 6 months. One of the strongest data points is 723 Coventry RD, Spicewood TX 78669, adjusting to $542,397; with a larger floor plan and a pool. The 6 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