687 River View DR, Johnson City TX 78636

Reviewing the most recent comparable transactions, this home's market value falls around $437,046. For a well positioned listing in PEDERNALES, I'd target the $523,000 to $536,000 range. Against 7 similar active listings in PEDERNALES, this price point lands at the 2nd least expensive of 7 comparable homes on the market. The larger floor plan (216 sqft compared to the average comp) is a meaningful differentiator in this price range. The 1989 construction puts this home 14 years older than the comp average, a factor in the pricing. With 7 similar homes currently listed in PEDERNALES (a buyer's market), competition is a factor to consider. Recent trends in 78636 show home values have fallen 23.3% since 6 months ago. The most comparable recent sale is 810 N Avenue R, Johnson City TX 78636, with an adjusted value of $293,946; with a smaller floor plan. 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