396 Old River Rd XING, Johnson City TX 78636

Based on 7 closed sales in 78636, the data points to a value around $388,983 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $487,000 to $539,000. Relative to what's currently available in 78636, this home would be the 2nd least expensive of 7 comparable homes on the market. Being built in 1970 (23 years older than comps) is factored into the value estimate. Lot size matters here: 4.41 acres versus 0.63 for the typical comp. With 7 similar homes currently listed in 78636 (a buyer's market), competition is a factor to consider. Market data shows 78636 prices fallen 23.3% over the last half year. The closest comparable sale, 601 W Cypress, Johnson City TX 78636 at an adjusted $377,338, is with a smaller floor plan. This estimate draws on 7 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus