701 E Fox, Granger TX 76530

After reviewing 4 recent transactions in BIRD JOHN, I estimate this property's value at $178,800. A competitive list price for this home right now would fall in the $220,000 to $262,000 range. This home's position in the current BIRD JOHN market: the most affordable of 2 comparable homes on the market among comparable properties. This home's smaller footprint (127 sqft vs the comp average) plays a role in how the market prices it. At 46 years older than typical comps, the 1930 build date influences the valuation. Current inventory shows 2 comparable homes in BIRD JOHN; a buyer's market based on recent absorption. Prices in 76530 have fallen 56.9% over the last 6 months. A similar home at 200 N Walton ST, Granger TX 76530 carries an adjusted comparable value of $91,200, providing a strong data point. The comp data here (4 sales in BIRD JOHN) 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