The market data from 7 similar recent sales in BERDOLL FARMS points to a value of approximately $247,266. To sell within a reasonable timeframe at fair market value, the $266,000 to $268,000 range is where I'd position this. At this price, the property would be the 2nd most expensive of 5 comparable homes on the market comparable homes currently on the market in BERDOLL FARMS. 5 similar homes are currently available in BERDOLL FARMS, creating a buyer's market for this price range. In BERDOLL FARMS, home values have fallen approximately 7.2% over the past 6 months. One of the strongest data points is 13112 Dearbonne DR, Del Valle TX 78617, adjusting to $295,680; a strong comparable. 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