302 E Castlewood, Granite Shoals TX 78654

Taking into account 7 nearby comparable sales, this property's estimated value comes to $415,768. If we were to list this property today, I'd recommend a list price in the $271,000 to $281,000 range. This would position the home competitively among 1 active listings in MYSTIC CASTLE. This home's smaller footprint (347 sqft vs the comp average) plays a role in how the market prices it. Lot size matters here: 0.46 acres versus 0.24 for the typical comp. Current inventory shows 1 comparable homes in MYSTIC CASTLE; a buyer's market based on recent absorption. The 6 month price trend in 78654: fallen 20.5%. The best comp here is 1401 Kingston DR W, Granite Shoals TX 78654 at an adjusted value of $197,823, a strong comparable. The strength of this estimate comes from 7 directly comparable sales in MYSTIC CASTLE. 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