505 E Elm ST, Johnson City TX 78636

The estimated value of this property is $255,257, based on 7 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $338,000 and $374,000. With 7 comparable homes on the market in 78636, this price positions the property as the most affordable of 7 comparable homes on the market. Built in 1956, this home is 56 years older than the average comp, which is reflected in the adjustments. Right now, 7 similar properties are competing for buyers in 78636, listed between $319,000 and $469,000. Recent trends in 78636 show home values have fallen 23.3% since 6 months ago. The most comparable recent sale is 103 Spring View DR, Johnson City TX 78636, with an adjusted value of $172,391; a strong comparable. Based on 7 relevant data points in 78636, 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