200 Lake On Flat Creek DR W, Johnson City TX 78636

Reviewing the most recent comparable transactions, this home's market value falls around $442,221. For a well positioned listing in LAKE, I'd target the $313,000 to $323,000 range. Against 3 similar active listings in LAKE, this price point lands at the 2nd most expensive of 3 comparable homes on the market. The larger floor plan (1,218 sqft compared to the average comp) is a meaningful differentiator in this price range. At 21.36 acres, the lot is larger than the 0.53 acre comp average, which factors into pricing. With 3 similar homes currently listed in LAKE (a buyer's market), competition is a factor to consider. Recent trends in 78636 show home values have fallen 5.9% since 6 months ago. The most comparable recent sale is 142 Brianna CIR, Johnson City TX 78636, with an adjusted value of $281,925; with a smaller floor plan. 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