Based on 7 closed sales in 78617, the data points to a value around $188,549 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $183,000 to $194,000. Relative to what's currently available in 78617, this home would be below the only comparable home currently on the market. Being built in 1965 (33 years older than comps) is factored into the value estimate. Lot size matters here: 805860.00 acres versus 0.16 for the typical comp. Buyers in 78617 have 1 comparable options right now, with asking prices between $179,000 and $179,000. Market data shows 78617 prices fallen 2.1% over the last half year. The closest comparable sale, 11414 Darrin LN, Del Valle TX 78617 at an adjusted $210,403, is a strong comparable. The strength of this estimate comes from 7 directly comparable sales in 78617. 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