824 CR 131, Marble Falls TX 78654

The estimated value of this property is $326,271, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $386,000 and $507,000. With 5 comparable homes on the market in SHADY ACRES, this price positions the property as the 2nd least expensive of 5 comparable homes on the market. Being 158 sqft larger than the average comparable sale in this area impacts the per square foot value. Built in 1960, this home is 21 years older than the average comp, which is reflected in the adjustments. With 5 similar homes currently listed in SHADY ACRES (a buyer's market), competition is a factor to consider. Recent trends in 78654 show home values have fallen 26.4% since 6 months ago. The most comparable recent sale is 145 Rock BLF, Kingsland TX 78639, with an adjusted value of $167,639; with a smaller floor plan. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group