6611 Singleton Bend RD, Marble Falls TX 78654

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $725,073. To generate strong buyer interest while maximizing value, I'd price this between $388,000 and $398,000. In the current GORHAM market with 7 similar homes available, this price represents the 3rd most expensive of 7 comparable homes on the market. At 207 sqft smaller than the typical comp, the size difference factors into the valuation. The 1998 construction puts this home 5 years older than the comp average, a factor in the pricing. Current inventory shows 7 comparable homes in GORHAM; a buyer's market based on recent absorption. The trend in 78654 shows prices have risen 9.9% in the past 6 months. 28609 Paradise Manor DR, Marble Falls TX 78654 nearby adjusts to $481,320; with a smaller floor plan. 3 comparable transactions in GORHAM 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