101 Arrowhead, Johnson City TX 78636

After reviewing 7 recent transactions in RANCHERS ESTATES, I estimate this property's value at $285,018. A competitive list price for this home right now would fall in the $206,000 to $216,000 range. Buyers shopping in RANCHERS ESTATES right now would see this as a well positioned option among 7 comparable homes. At 7 years newer than typical comps, the 2003 build date influences the valuation. The smaller lot (0.25 acres versus the area average of 0.69) contributes to the valuation. There are currently 7 similar homes on the market in RANCHERS ESTATES, ranging from $209,000 to $625,000. Prices in 78636 have fallen 23.3% over the last 6 months. A similar home at 710 Ranchview DR, Johnson City TX 78636 carries an adjusted comparable value of $363,499, providing a strong data point. With 7 comparable sales in RANCHERS ESTATES, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group