329 Morgan CT, Fischer TX 78623

After reviewing 7 recent transactions in 78623, I estimate this property's value at $447,989. A competitive list price for this home right now would fall in the $360,000 to $370,000 range. Relative to what's currently available in 78623, this home would be the 2nd most expensive of 3 comparable homes on the market. Being 478 sqft larger than the average comparable sale in this area impacts the per square foot value. At 18 years older than typical comps, the 1988 build date influences the valuation. Current inventory shows 3 comparable homes in 78623; a buyer's market based on recent absorption. Prices in 78623 have risen 9.1% over the last 6 months. A similar home at 1156 Crossbow DR, Canyon Lake TX 78133 carries an adjusted comparable value of $449,281, providing a strong data point. With 7 comparable sales in 78623, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group