224 Green Acres DR, Granite Shoals TX 78654

Reviewing the most recent comparable transactions, this home's market value falls around $2,309,409. For a well positioned listing in 78654, I'd target the $3,621,000 to $3,776,000 range. In the current 78654 market with 2 similar homes available, this price represents the most affordable of 2 comparable homes on the market. This home's larger footprint (2,219 sqft vs the comp average) plays a role in how the market prices it. At 0.71 acres, the lot is larger than the 0.37 acre comp average, which factors into pricing. Current inventory shows 2 comparable homes in 78654; a buyer's market based on recent absorption. Recent trends in 78654 show home values have fallen 22.2% since 6 months ago. The most comparable recent sale is #2 Beaver Island, Granite Shoals TX 78654, with an adjusted value of $3,075,268; with a smaller floor plan. The 7 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