115 Cherokee TER, Buchanan Dam TX 78609

The market data from 5 similar recent sales in 78609 points to a value of approximately $480,345. To sell within a reasonable timeframe at fair market value, the $489,000 to $702,000 range is where I'd position this. Against 1 similar active listings in 78609, this price point lands at below the only comparable home currently on the market. At 2,341 sqft larger than the typical comp, the size difference factors into the valuation. The 1985 construction puts this home 9 years newer than the comp average, a factor in the pricing. Buyers in 78609 have 1 comparable options right now, with asking prices between $1,250,000 and $1,250,000. In 78609, home values have risen approximately 36.1% over the past 6 months. One of the strongest data points is 501 Willow ST, Buchanan Dam TX 78609, adjusting to $488,950; with a smaller floor plan. The 5 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