1192 County Road 402, Davilla TX 76511

Reviewing the most recent comparable transactions, this home's market value falls around $276,123. For a well positioned listing in 76511, I'd target the $268,000 to $284,000 range. With 1 comparable homes on the market in 76511, this price positions the property as below the only comparable home currently on the market. The smaller floor plan (571 sqft compared to the average comp) is a meaningful differentiator in this price range. The 2001 construction puts this home 8 years older than the comp average, a factor in the pricing. There are currently 1 similar homes on the market in 76511, ranging from $589,000 to $589,000. Recent trends in 76511 show home values have fallen 6% since 6 months ago. The most comparable recent sale is 2316 County Road 404 LOOP, Bartlett TX 76511, with an adjusted value of $284,298; with a smaller floor plan. The 3 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