514 S Avenue F, Johnson City TX 78636

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $366,432. I'd recommend coming to market at $234,000 to $244,000 to strike the right balance between value and market velocity. Against 7 similar active listings in 78636, this price point lands at the 2nd least expensive of 7 comparable homes on the market. At 133 sqft larger than the typical comp, the size difference factors into the valuation. The 5.10 acre lot (larger than the 0.74 acre average) is reflected in the estimate. Current inventory shows 7 comparable homes in 78636; a buyer's market based on recent absorption. The trend in 78636 shows prices have fallen 23.3% in the past 6 months. 107 W Dawn DR, Johnson City TX 78636 nearby adjusts to $263,865; 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