207 Mesquite ST, Blanco TX 78606

The market data from 7 similar recent sales in 78606 points to a value of approximately $373,689. To sell within a reasonable timeframe at fair market value, the $362,000 to $385,000 range is where I'd position this. Against 1 similar active listings in 78606, this price point lands at below the only comparable home currently on the market. This home's smaller footprint (125 sqft vs the comp average) plays a role in how the market prices it. The 2002 construction puts this home 12 years newer than the comp average, a factor in the pricing. Current inventory shows 1 comparable homes in 78606; a buyer's market based on recent absorption. In 78606, home values have risen approximately 26.8% over the past 6 months. One of the strongest data points is 817 (NW 1/4) 9th Street, Blanco TX 78606, adjusting to $424,364; a strong comparable. 7 comparable transactions in 78606 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