7000 Fm 972 RD, Bartlett TX 76511

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $633,981. I'd recommend coming to market at $615,000 to $653,000 to strike the right balance between value and market velocity. With 1 comparable homes on the market in 76511, this price positions the property as below the only comparable home currently on the market. Being 206 sqft larger than the average comparable sale in this area impacts the per square foot value. Built in 2005, this home is 7 years older than the average comp, which is reflected in the adjustments. Current inventory shows 1 comparable homes in 76511; a buyer's market based on recent absorption. The trend in 76511 shows prices have fallen 27.1% in the past 6 months. 990 CR 331, Granger TX 76530 nearby adjusts to $515,731; with a smaller floor plan. With 4 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