804 N Shorewood DR, Granite Shoals TX 78654

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $420,234. I'd recommend coming to market at $488,000 to $536,000 to strike the right balance between value and market velocity. With 6 comparable homes on the market in GREENCASTLE, this price positions the property as the 3rd least expensive of 6 comparable homes on the market. The larger floor plan (356 sqft compared to the average comp) is a meaningful differentiator in this price range. Built in 1972, this home is 15 years older than the average comp, which is reflected in the adjustments. Current inventory shows 6 comparable homes in GREENCASTLE; a buyer's market based on recent absorption. The trend in 78654 shows prices have fallen 23.7% in the past 6 months. 127 W Stonecastle DR, Granite Shoals TX 78654 nearby adjusts to $487,332; a strong comparable. Based on 7 relevant data points in GREENCASTLE, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX