Based on 3 closed sales in HALLENBECK, the data points to a value around $294,393 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $286,000 to $303,000. Relative to what's currently available in HALLENBECK, this home would be below the only comparable home currently on the market. This home's larger footprint (1,466 sqft vs the comp average) plays a role in how the market prices it. Being built in 1912 (79 years older than comps) is factored into the value estimate. There are currently 1 similar homes on the market in HALLENBECK, ranging from $315,000 to $315,000. Market data shows 76530 prices fallen 42.7% over the last half year. The closest comparable sale, 700 E Pecan ST, Granger TX 76530 at an adjusted $213,096, is with a smaller floor plan. The strength of this estimate comes from 3 directly comparable sales in HALLENBECK. 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
