245 W Bell ST, Bartlett TX 76511

Reviewing the most recent comparable transactions, this home's market value falls around $177,389. For a well positioned listing in 76511, I'd target the $134,000 to $144,000 range. Against 3 similar active listings in 76511, this price point lands at the 2nd most expensive of 3 comparable homes on the market. The 1950 construction puts this home 7 years older than the comp average, a factor in the pricing. At 0.16 acres, the lot is smaller than the 0.31 acre comp average, which factors into pricing. Current inventory shows 3 comparable homes in 76511; a buyer's market based on recent absorption. Recent trends in 76511 show home values have fallen 27.3% since 6 months ago. The most comparable recent sale is 624 West Jackson ST, Bartlett TX 76511, with an adjusted value of $171,636; a strong comparable. The 7 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