1001 Copperas BND, Caldwell TX 77836

Based on 7 closed sales in 77836, the data points to a value around $253,429 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $191,000 to $201,000. Relative to what's currently available in 77836, this home would be the 2nd most expensive of 3 comparable homes on the market. Being 455 sqft smaller than the average comparable sale in this area impacts the per square foot value. Being built in 2009 (22 years newer than comps) is factored into the value estimate. Current inventory shows 3 comparable homes in 77836; a buyer's market based on recent absorption. Market data shows 77836 prices fallen 30.5% over the last half year. The closest comparable sale, 813 Woodson Drive, Caldwell TX 77836 at an adjusted $267,570, is with a larger floor plan. The strength of this estimate comes from 7 directly comparable sales in 77836. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group