The comparable sales data (7 recent transactions in YOUNG, RICHARD) supports an estimated value of $278,642. The data suggests a list price between $116,000 and $126,000 would attract qualified buyers without leaving money on the table. This would position the home competitively among 1 active listings in YOUNG, RICHARD. The 254 sqft size difference versus comparable sales is reflected in the adjusted values. Being built in 1983 (6 years newer than comps) is factored into the value estimate. Buyers in YOUNG, RICHARD have 1 comparable options right now, with asking prices between $115,000 and $115,000. Prices in 78621 have fallen 0.9% over the last 6 months. A similar home at 149 Wayside DR, Elgin TX 78621 carries an adjusted comparable value of $277,746, providing a strong data point. The strength of this estimate comes from 7 directly comparable sales in YOUNG, RICHARD. 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