700 9th ST, Blanco TX 78606

The market data from 7 similar recent sales in TRAWEEK points to a value of approximately $300,629. To sell within a reasonable timeframe at fair market value, the $253,000 to $263,000 range is where I'd position this. In the current TRAWEEK market with 2 similar homes available, this price represents the most expensive of 2 comparable homes on the market. This home's smaller footprint (270 sqft vs the comp average) plays a role in how the market prices it. The 2001 construction puts this home 21 years newer than the comp average, a factor in the pricing. There are currently 2 similar homes on the market in TRAWEEK, ranging from $249,500 to $1,500,000. In 78606, home values have risen approximately 26.8% over the past 6 months. One of the strongest data points is 1004 12th ST, Blanco TX 78606, adjusting to $365,582; a strong comparable. 7 comparable transactions in TRAWEEK 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