784 River View DR, Johnson City TX 78636

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $449,537. I'd recommend coming to market at $620,000 to $637,000 to strike the right balance between value and market velocity. Among the similar homes currently available in PEDERNALES, this price point stands out as competitive. Being 227 sqft larger than the average comparable sale in this area impacts the per square foot value. The 5.00 acre lot (larger than the 1.92 acre average) is reflected in the estimate. Current inventory shows 2 comparable homes in PEDERNALES; a buyer's market based on recent absorption. The trend in 78636 shows prices have fallen 23.3% in the past 6 months. 111 River View DR, Johnson City TX 78636 nearby adjusts to $619,906; with a smaller floor plan. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group