407 E Davilla ST, Granger TX 76530

Based on 7 closed sales in GRANGER CITY, the data points to a value around $215,722 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $254,000 to $265,000. Relative to what's currently available in GRANGER CITY, this home would be the most expensive of 2 comparable homes on the market. At 307 sqft smaller than the typical comp, the size difference factors into the valuation. Being built in 1948 (31 years older than comps) is factored into the value estimate. With 2 similar homes currently listed in GRANGER CITY (a buyer's market), competition is a factor to consider. Market data shows 76530 prices fallen 50% over the last half year. The closest comparable sale, 700 E Pecan ST, Granger TX 76530 at an adjusted $167,856, is a strong comparable. The strength of this estimate comes from 7 directly comparable sales in GRANGER CITY. 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