507 E Pecan DR, Johnson City TX 78636

Reviewing the most recent comparable transactions, this home's market value falls around $317,919. For a well positioned listing in 78636, I'd target the $473,000 to $480,000 range. Against 7 similar active listings in 78636, this price point lands at the most affordable of 7 comparable homes on the market. Being 282 sqft larger than the average comparable sale in this area impacts the per square foot value. The 1971 construction puts this home 22 years older than the comp average, a factor in the pricing. Buyers in 78636 have 7 comparable options right now, with asking prices between $455,253 and $574,000. Recent trends in 78636 show home values have fallen 23.3% since 6 months ago. The most comparable recent sale is 107 W Dawn DR, Johnson City TX 78636, with an adjusted value of $215,068; a strong comparable. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group