705 Liveoak DR, Johnson City TX 78636

Based on 7 closed sales in RANCHERS ESTATES, the data points to a value around $458,119 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $444,000 to $472,000. This pricing would rank the home as below the only comparable home currently on the market in RANCHERS ESTATES's current inventory. At 629 sqft larger than the typical comp, the size difference factors into the valuation. Being built in 1996 (5 years newer than comps) is factored into the value estimate. Current inventory shows 1 comparable homes in RANCHERS ESTATES; a buyer's market based on recent absorption. Market data shows 78636 prices fallen 23.3% over the last half year. The closest comparable sale, 612 Ranchview DR, Johnson City TX 78636 at an adjusted $619,553, is with a smaller floor plan. This estimate draws on 7 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus