After adjusting 4 comparable sales for differences in size, age, and features, this home's estimated value is $405,106. Pricing this home between $476,000 and $496,000 would put it in the competitive sweet spot for WALNUT RIDGE. This home's position in the current WALNUT RIDGE market: the most affordable of 3 comparable homes on the market among comparable properties. The 265 sqft size difference versus comparable sales is reflected in the adjusted values. At 52 years newer than typical comps, the 2013 build date influences the valuation. Buyers in WALNUT RIDGE have 3 comparable options right now, with asking prices between $445,000 and $668,000. Market data shows 78602 prices risen 0.2% over the last half year. The closest comparable sale, 1883 Fm 20 RD, Red Rock TX 78662 at an adjusted $496,342, is a strong comparable. With 4 comparable sales in WALNUT RIDGE, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further.
Ed Neuhaus, Broker/Owner, Neuhaus Realty Group