2168 Ranch Road 1323, Johnson City TX 78636

The market data from 7 similar recent sales in PEDERNALES RANCH ESTATES points to a value of approximately $477,787. To sell within a reasonable timeframe at fair market value, the $642,000 to $650,000 range is where I'd position this. At this price, the property would be the most affordable of 3 comparable homes on the market comparable homes currently on the market in PEDERNALES RANCH ESTATES. Being 522 sqft larger than the average comparable sale in this area impacts the per square foot value. The 1983 construction puts this home 7 years older than the comp average, a factor in the pricing. The active market in PEDERNALES RANCH ESTATES includes 3 comparable homes priced from $575,000 to $2,544,995. In 78636, home values have fallen approximately 23.3% over the past 6 months. One of the strongest data points is 600 W Cypress ST, Johnson City TX 78636, adjusting to $295,576; 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