1332 Redwood RD, Fischer TX 78623

The market data from 3 similar recent sales in 78623 points to a value of approximately $388,618. To sell within a reasonable timeframe at fair market value, the $435,000 to $436,000 range is where I'd position this. In the current 78623 market with 7 similar homes available, this price represents the most affordable of 7 comparable homes on the market. At 0.51 acres, the lot is smaller than the 0.58 acre comp average, which factors into pricing. There are currently 7 similar homes on the market in 78623, ranging from $390,000 to $530,000. In 78623, home values have risen approximately 35.2% over the past 6 months. One of the strongest data points is 1411 Rocky Ridge LOOP, Canyon Lake TX 78133, adjusting to $392,118; a strong comparable. 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