504 N LBJ DR, Johnson City TX 78636

Taking into account 7 nearby comparable sales, this property's estimated value comes to $292,232. If we were to list this property today, I'd recommend a list price in the $352,000 to $391,000 range. Relative to what's currently available in JOHNSON CITY, this home would be the 2nd least expensive of 5 comparable homes on the market. The smaller floor plan (162 sqft compared to the average comp) is a meaningful differentiator in this price range. Being built in 1971 (16 years older than comps) is factored into the value estimate. Current inventory shows 5 comparable homes in JOHNSON CITY; a balanced market based on recent absorption. The 6 month price trend in JOHNSON CITY: fallen 0.3%. The best comp here is 406 Avenue E, Johnson City TX 78636 at an adjusted value of $301,400, with a smaller floor plan. The strength of this estimate comes from 7 directly comparable sales in JOHNSON CITY. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group