817 (NW 1/4) 9th Street, Blanco TX 78606

Reviewing the most recent comparable transactions, this home's market value falls around $398,763. For a well positioned listing in 78606, I'd target the $306,000 to $316,000 range. With 4 comparable homes on the market in 78606, this price positions the property as the 2nd most expensive of 4 comparable homes on the market. Being 192 sqft smaller than the average comparable sale in this area impacts the per square foot value. The 1936 construction puts this home 46 years older than the comp average, a factor in the pricing. 4 similar homes are currently available in 78606, creating a buyer's market for this price range. Recent trends in 78606 show home values have fallen 8.9% since 6 months ago. The most comparable recent sale is 384 Sunset RDG, Blanco TX 78606, with an adjusted value of $426,154; 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