403 Ranchview DR, Johnson City TX 78636

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $247,292. I'd recommend coming to market at $354,000 to $368,000 to strike the right balance between value and market velocity. Against 6 similar active listings in RANCHERS ESTATES, this price point lands at the most affordable of 6 comparable homes on the market. The smaller floor plan (249 sqft compared to the average comp) is a meaningful differentiator in this price range. Built in 2001, this home is 7 years older than the average comp, which is reflected in the adjustments. There are currently 6 similar homes on the market in RANCHERS ESTATES, ranging from $319,000 to $469,000. The trend in 78636 shows prices have fallen 23.3% in the past 6 months. 103 Miranda CT, Johnson City TX 78636 nearby adjusts to $277,771; a strong comparable. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group