507 W Cypress, Johnson City TX 78636

5 recent sales within a mile of this address suggest a current value of $490,287. My recommended list price range for this property would be $569,000 to $587,000. In the current JOHNSON CITY market with 6 similar homes available, this price represents the 2nd least expensive of 6 comparable homes on the market. This home's larger footprint (109 sqft vs the comp average) plays a role in how the market prices it. Built in 2008, this home is 8 years newer than the average comp, which is reflected in the adjustments. Current inventory shows 6 comparable homes in JOHNSON CITY; a buyer's market based on recent absorption. In 78636, home values have fallen approximately 5.5% over the past 6 months. One of the strongest data points is 612 Ranchview DR, Johnson City TX 78636, adjusting to $588,690; with a larger floor plan. With 5 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