403 S Avenue F, Johnson City TX 78636

The estimated value of this property is $315,549, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $403,000 and $484,000. Against 7 similar active listings in RANCHERS ESTATES, this price point lands at the most affordable of 7 comparable homes on the market. Built in 2000, this home is 13 years older than the average comp, which is reflected in the adjustments. The 0.25 acre lot (smaller than the 0.31 acre average) is reflected in the estimate. Current inventory shows 7 comparable homes in RANCHERS ESTATES; a buyer's market based on recent absorption. Recent trends in 78636 show home values have fallen 23.3% since 6 months ago. The most comparable recent sale is 116 Autumn Sage TRL, Johnson City TX 78636, with an adjusted value of $338,056; a strong comparable. Based on 7 relevant data points in RANCHERS ESTATES, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX