203 W Pecan DR, Johnson City TX 78636

The market data from 7 similar recent sales in 78636 points to a value of approximately $290,084. To sell within a reasonable timeframe at fair market value, the $418,000 to $424,000 range is where I'd position this. With 7 comparable homes on the market in 78636, this price positions the property as the most affordable of 7 comparable homes on the market. This home's smaller footprint (190 sqft vs the comp average) plays a role in how the market prices it. At 0.27 acres, the lot is smaller than the 0.32 acre comp average, which factors into pricing. There are currently 7 similar homes on the market in 78636, ranging from $319,000 to $995,000. In 78636, home values have fallen approximately 23.3% over the past 6 months. One of the strongest data points is 103 Spring View DR, Johnson City TX 78636, adjusting to $188,282; 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