1600 Althaus Ranch RD, Johnson City TX 78636

The market data from 7 similar recent sales in TOWHEAD VALLEY ESTATES points to a value of approximately $494,229. To sell within a reasonable timeframe at fair market value, the $568,000 to $571,000 range is where I'd position this. In the current TOWHEAD VALLEY ESTATES market with 6 similar homes available, this price represents the most affordable of 6 comparable homes on the market. At 197 sqft larger than the typical comp, the size difference factors into the valuation. The 2002 construction puts this home 10 years newer than the comp average, a factor in the pricing. Current inventory shows 6 comparable homes in TOWHEAD VALLEY ESTATES; a buyer's market based on recent absorption. In 78636, home values have fallen approximately 27.4% over the past 6 months. One of the strongest data points is 204 N Avenue J, Johnson City TX 78636, adjusting to $523,112; a strong comparable. 7 comparable transactions in TOWHEAD VALLEY ESTATES 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