604 HIGHCREST # 226, Granite Shoals TX 78654

The market data from 6 similar recent sales in 78654 points to a value of approximately $225,972. To sell within a reasonable timeframe at fair market value, the $262,000 to $406,000 range is where I'd position this. At this price, the property would be below the only comparable home currently on the market comparable homes currently on the market in 78654. The smaller floor plan (918 sqft compared to the average comp) is a meaningful differentiator in this price range. At 0.00 acres, the lot is smaller than the 6.37 acre comp average, which factors into pricing. With 1 similar homes currently listed in 78654 (a buyer's market), competition is a factor to consider. In 78654, home values have fallen approximately 21.8% over the past 6 months. One of the strongest data points is 2501 Belaire West LN, Marble Falls TX 78654, adjusting to $68,547; a strong comparable. 6 comparable transactions in 78654 support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group