101 Pitchfork DR, Johnson City TX 78636

After reviewing 7 recent transactions in RANCHERS ESTATES, I estimate this property's value at $314,468. A competitive list price for this home right now would fall in the $342,000 to $406,000 range. This home's position in the current RANCHERS ESTATES market: the 2nd least expensive of 4 comparable homes on the market among comparable properties. The smaller floor plan (126 sqft compared to the average comp) is a meaningful differentiator in this price range. The smaller lot (0.15 acres versus the area average of 1.09) contributes to the valuation. 4 similar homes are currently available in RANCHERS ESTATES, creating a buyer's market for this price range. Prices in 78636 have fallen 23.3% over the last 6 months. A similar home at 111 River View DR, Johnson City TX 78636 carries an adjusted comparable value of $507,414, 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