604 W CYPRESS, Johnson City TX 78636

Based on 7 closed sales in 78636, the data points to a value around $259,462 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $360,000 to $361,000. This pricing would rank the home as the most affordable of 7 comparable homes on the market in 78636's current inventory. Being built in 1977 (27 years older than comps) is factored into the value estimate. Lot size matters here: 0.26 acres versus 0.49 for the typical comp. 7 similar homes are currently available in 78636, creating a buyer's market for this price range. Market data shows 78636 prices fallen 23.3% over the last half year. The closest comparable sale, 601 W Cypress, Johnson City TX 78636 at an adjusted $304,382, is a strong comparable. The strength of this estimate comes from 7 directly comparable sales in 78636. 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