Lot 22 Riverview DR, Johnson City TX 78636

Based on 7 closed sales in PEDERNALES, the data points to a value around $571,137 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $442,000 to $452,000. Relative to what's currently available in PEDERNALES, this home would be the 3rd most expensive of 7 comparable homes on the market. The 129 sqft size difference versus comparable sales is reflected in the adjusted values. Being built in 2011 (17 years newer than comps) is factored into the value estimate. 7 similar homes are currently available in PEDERNALES, creating a buyer's market for this price range. 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 $639,711, is a strong comparable. This estimate draws on 7 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus