715 Ranchview DR, Johnson City TX 78636

The estimated value of this property is $279,044, based on 4 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $345,000 and $375,000. In the current RANCHERS ESTATES market with 6 similar homes available, this price represents the most affordable of 6 comparable homes on the market. The smaller floor plan (236 sqft compared to the average comp) is a meaningful differentiator in this price range. The 1.01 acre lot (larger than the 0.96 acre average) is reflected in the estimate. With 6 similar homes currently listed in RANCHERS ESTATES (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 710 Ranchview DR, Johnson City TX 78636, with an adjusted value of $344,740; with a larger floor plan. Based on 4 relevant data points in RANCHERS ESTATES, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX