717 Ranchview DR, Johnson City TX 78636

Based on 5 closed sales in RANCHERS ESTATE, the data points to a value around $480,545 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $646,000 to $667,000. This home's position in the current RANCHERS ESTATE market: the most affordable of 5 comparable homes on the market among comparable properties. The larger floor plan (457 sqft compared to the average comp) is a meaningful differentiator in this price range. Being built in 1995 (6 years older than comps) is factored into the value estimate. With 5 similar homes currently listed in RANCHERS ESTATE (a buyer's market), competition is a factor to consider. 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 $589,476, is with a smaller floor plan. The strength of this estimate comes from 5 directly comparable sales in RANCHERS ESTATE. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group