503 E Cypress, Johnson City TX 78636

After reviewing 7 recent transactions in JOHNSON CITY, I estimate this property's value at $363,410. A competitive list price for this home right now would fall in the $527,000 to $571,000 range. Relative to what's currently available in JOHNSON CITY, this home would be the most affordable of 7 comparable homes on the market. This home's larger footprint (415 sqft vs the comp average) plays a role in how the market prices it. At 32 years older than typical comps, the 1940 build date influences the valuation. Current inventory shows 7 comparable homes in JOHNSON CITY; a balanced market based on recent absorption. Prices in JOHNSON CITY have fallen 0.3% over the last 6 months. A similar home at 204 N Avenue J, Johnson City TX 78636 carries an adjusted comparable value of $458,767, providing a strong data point. With 7 comparable sales in JOHNSON CITY, 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