701 Liveoak DR, Johnson City TX 78636

The market data from 7 similar recent sales in RANCHERS ESTATES points to a value of approximately $512,895. To sell within a reasonable timeframe at fair market value, the $498,000 to $528,000 range is where I'd position this. At this price, the property would be below the only comparable home currently on the market comparable homes currently on the market in RANCHERS ESTATES. The larger floor plan (777 sqft compared to the average comp) is a meaningful differentiator in this price range. The pool is a differentiator here, since 6 of 7 comparable sales didn't include one. 1 similar homes are currently available in RANCHERS ESTATES, creating a buyer's market for this price range. In 78636, home values have fallen approximately 23.3% over the past 6 months. One of the strongest data points is 710 Ranchview DR, Johnson City TX 78636, adjusting to $471,600; with a smaller floor plan and no pool. 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