565 Possum Tree, Fischer TX 78623

After reviewing 6 recent transactions in 78623, I estimate this property's value at $362,238. A competitive list price for this home right now would fall in the $309,000 to $319,000 range. This would position the home competitively among 3 active listings in 78623. At 249 sqft smaller than the typical comp, the size difference factors into the valuation. The smaller lot (0.50 acres versus the area average of 0.61) contributes to 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 221 Legacy RDG, Canyon Lake TX 78133 carries an adjusted comparable value of $332,065, providing a strong data point. The comp data here (6 sales in 78623) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus