217 281 LOOP, Johnson City TX 78636

My analysis of 7 comparable properties puts this home's estimated value at $396,855. Based on how the local market is moving, a list price between $536,000 and $559,000 would position this home well. Relative to what's currently available in 78636, this home would be the most affordable of 7 comparable homes on the market. Being 245 sqft larger than the average comparable sale in this area impacts the per square foot value. At 11 years older than typical comps, the 1980 build date influences the valuation. Current inventory shows 7 comparable homes in 78636; a buyer's market based on recent absorption. The 6 month price trend in 78636: fallen 23.3%. The best comp here is 204 N Avenue J, Johnson City TX 78636 at an adjusted value of $493,336, a strong comparable. With 7 comparable sales in 78636, 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