700 9th ST, Blanco TX 78606

The market data from 7 similar recent sales in TRAWEEK points to a value of approximately $364,558. To sell within a reasonable timeframe at fair market value, the $294,000 to $304,000 range is where I'd position this. In the current TRAWEEK market with 3 similar homes available, this price represents the most expensive of 3 comparable homes on the market. This home's smaller footprint (205 sqft vs the comp average) plays a role in how the market prices it. The 2001 construction puts this home 29 years newer than the comp average, a factor in the pricing. There are currently 3 similar homes on the market in TRAWEEK, ranging from $299,000 to $1,399,000. In 78606, home values have fallen approximately 12.8% over the past 6 months. One of the strongest data points is 1004 12th ST, Blanco TX 78606, adjusting to $365,572; 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