314 2nd St, Blanco TX 78606

The market data from 7 similar recent sales in BLANCO points to a value of approximately $282,714. To sell within a reasonable timeframe at fair market value, the $241,000 to $251,000 range is where I'd position this. Against 3 similar active listings in BLANCO, this price point lands at the 2nd most expensive of 3 comparable homes on the market. The smaller floor plan (251 sqft compared to the average comp) is a meaningful differentiator in this price range. The 1978 construction puts this home 12 years older than the comp average, a factor in the pricing. With 3 similar homes currently listed in BLANCO (a buyer's market), competition is a factor to consider. In 78606, home values have risen approximately 26.2% over the past 6 months. One of the strongest data points is 633 Academy ST, Blanco TX 78606, adjusting to $292,704; 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