11007 5th ST, Jonestown TX 78645

Based on 5 closed sales in JONESTOWN HILLS, the data points to a value around $346,622 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $343,000 to $389,000. This home's position in the current JONESTOWN HILLS market: the 2nd most expensive of 4 comparable homes on the market among comparable properties. Lot size matters here: 0.21 acres versus 0.15 for the typical comp. Current inventory shows 4 comparable homes in JONESTOWN HILLS; a buyer's market based on recent absorption. Market data shows JONESTOWN HILLS prices fallen 15% over the last half year. The closest comparable sale, 11204 Oak ST, Jonestown TX 78645 at an adjusted $409,935, is a strong comparable. The strength of this estimate comes from 5 directly comparable sales in JONESTOWN HILLS. 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