613 Ranchview DR, Johnson City TX 78636

My analysis of 3 comparable properties puts this home's estimated value at $450,186. Based on how the local market is moving, a list price between $561,000 and $585,000 would position this home well. This pricing would rank the home as the most affordable of 7 comparable homes on the market in RANCHERS ESTATES's current inventory. The 241 sqft size difference versus comparable sales is reflected in the adjusted values. The larger lot (1.55 acres versus the area average of 1.15) contributes to the valuation. With 7 similar homes currently listed in RANCHERS ESTATES (a buyer's market), competition is a factor to consider. The 6 month price trend in 78636: fallen 23.3%. The best comp here is 612 Ranchview DR, Johnson City TX 78636 at an adjusted value of $560,502, a strong comparable. With 3 comparable sales in RANCHERS ESTATES, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group