979 Cattle Creek RD, Johnson City TX 78636

Reviewing the most recent comparable transactions, this home's market value falls around $409,969. For a well positioned listing in PRESERVE WALNUT SPGS, I'd target the $553,000 to $617,000 range. Against 2 similar active listings in PRESERVE WALNUT SPGS, this price point lands at the most affordable of 2 comparable homes on the market. At 459 sqft larger than the typical comp, the size difference factors into the valuation. The 1980 construction puts this home 10 years older than the comp average, a factor in the pricing. Current inventory shows 2 comparable homes in PRESERVE WALNUT SPGS; a buyer's market based on recent absorption. Recent trends in 78636 show home values have fallen 23.3% since 6 months ago. The most comparable recent sale is 601 W Cypress, Johnson City TX 78636, with an adjusted value of $374,348; 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