Based on 6 closed sales in COUPLAND CITY, the data points to a value around $308,017 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $229,000 to $239,000. This pricing would rank the home as below the only comparable home currently on the market in COUPLAND CITY's current inventory. The 626 sqft size difference versus comparable sales is reflected in the adjusted values. Being built in 1930 (84 years older than comps) is factored into the value estimate. 1 similar homes are currently available in COUPLAND CITY, creating a buyer's market for this price range. Market data shows 78615 prices fallen 38.4% over the last half year. The closest comparable sale, 300 Herrin ST, Coupland TX 78615 at an adjusted $259,812, is with a larger floor plan. The strength of this estimate comes from 6 directly comparable sales in COUPLAND CITY. 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