8430 State Hwy 261, Buchanan Dam TX 78609

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $278,916. To generate strong buyer interest while maximizing value, I'd price this between $377,000 and $392,000. Against 0 similar active listings in JG MERTZ SURV #69, this price point lands at no active comparable homes on the market. At 674 sqft smaller than the typical comp, the size difference factors into the valuation. The 1960 construction puts this home 22 years older than the comp average, a factor in the pricing. The trend in 78609 shows prices have risen 51.5% in the past 6 months. 819 Lakeshore LOOP, Tow TX 78672 nearby adjusts to $142,935; with a larger floor plan. 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