608 County Road 343a, Marble Falls TX 78654

The market data from 3 similar recent sales in SMITHWICK MILLS ESTATE points to a value of approximately $477,208. To sell within a reasonable timeframe at fair market value, the $463,000 to $492,000 range is where I'd position this. In the current SMITHWICK MILLS ESTATE market with 1 similar homes available, this price represents below the only comparable home currently on the market. This home's smaller footprint (1,046 sqft vs the comp average) plays a role in how the market prices it. The 2007 construction puts this home 6 years newer than the comp average, a factor in the pricing. Current inventory shows 1 comparable homes in SMITHWICK MILLS ESTATE; a buyer's market based on recent absorption. In 78654, home values have fallen approximately 25.2% over the past 6 months. One of the strongest data points is 7670 E Fm 1431, Marble Falls TX 78654, adjusting to $466,792; with a larger floor plan. 3 comparable transactions in SMITHWICK MILLS ESTATE support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group