207 Mesquite ST, Blanco TX 78606

The market data from 7 similar recent sales in 78606 points to a value of approximately $372,314. To sell within a reasonable timeframe at fair market value, the $396,000 to $424,000 range is where I'd position this. Against 2 similar active listings in 78606, this price point lands at the most expensive of 2 comparable homes on the market. This home's larger footprint (104 sqft vs the comp average) plays a role in how the market prices it. The 2002 construction puts this home 20 years newer than the comp average, a factor in the pricing. Current inventory shows 2 comparable homes in 78606; a buyer's market based on recent absorption. In 78606, home values have fallen approximately 7.3% over the past 6 months. One of the strongest data points is 384 Sunset RDG, Blanco TX 78606, adjusting to $477,830; 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