201 Avenue O, Johnson City TX 78636

The market data from 7 similar recent sales in SUMMY points to a value of approximately $463,419. To sell within a reasonable timeframe at fair market value, the $534,000 to $555,000 range is where I'd position this. With 7 comparable homes on the market in SUMMY, this price positions the property as the most affordable of 7 comparable homes on the market. At 138 sqft larger than the typical comp, the size difference factors into the valuation. The 2007 construction puts this home 8 years newer than the comp average, a factor in the pricing. Buyers in SUMMY have 7 comparable options right now, with asking prices between $473,939 and $617,000. In 78636, home values have fallen approximately 23.3% over the past 6 months. One of the strongest data points is 204 N Avenue J, Johnson City TX 78636, adjusting to $485,572; a strong comparable. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group