503 Liveoak DR, Johnson City TX 78636

The market data from 7 similar recent sales in RANCHERS ESTATES points to a value of approximately $300,662. To sell within a reasonable timeframe at fair market value, the $323,000 to $334,000 range is where I'd position this. In the current RANCHERS ESTATES market with 2 similar homes available, this price represents the most affordable of 2 comparable homes on the market. This home's smaller footprint (379 sqft vs the comp average) plays a role in how the market prices it. The 1987 construction puts this home 8 years older than the comp average, a factor in the pricing. Right now, 2 similar properties are competing for buyers in RANCHERS ESTATES, listed between $349,000 and $399,950. In 78636, home values have fallen approximately 23.3% over the past 6 months. One of the strongest data points is 502 Live Oak DR, Johnson City TX 78636, adjusting to $310,905; with a larger floor plan. 7 comparable transactions in RANCHERS ESTATES support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group