115 High Ridge Meadows DR, Gonzales TX 78629

The market data from 3 similar recent sales in 78629 points to a value of approximately $313,153. To sell within a reasonable timeframe at fair market value, the $304,000 to $323,000 range is where I'd position this. With 1 comparable homes on the market in 78629, this price positions the property as below the only comparable home currently on the market. At 240 sqft smaller than the typical comp, the size difference factors into the valuation. Current inventory shows 1 comparable homes in 78629; a buyer's market based on recent absorption. In 78629, home values have fallen approximately 9.4% over the past 6 months. One of the strongest data points is 401 High Ridge Meadows DR, Gonzales TX 78629, adjusting to $247,950; with a larger floor plan. 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