631 Scenic DR, Johnson City TX 78636

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $369,842. I'd recommend coming to market at $370,000 to $394,000 to strike the right balance between value and market velocity. In the current PEDERNALES market with 2 similar homes available, this price represents the most expensive of 2 comparable homes on the market. The smaller floor plan (323 sqft compared to the average comp) is a meaningful differentiator in this price range. Built in 2008, this home is 7 years newer than the average comp, which is reflected in the adjustments. 2 similar homes are currently available in PEDERNALES, creating a buyer's market for this price range. The trend in 78636 shows prices have fallen 23.3% in the past 6 months. 111 River View DR, Johnson City TX 78636 nearby adjusts to $574,660; a strong comparable. With 7 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