11011 Elm ST, Jonestown TX 78645

Based on 3 closed sales in JONESTOWN HILLS, the data points to a value around $227,190 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $223,000 to $232,000. This home's position in the current JONESTOWN HILLS market: the 2nd least expensive of 7 comparable homes on the market among comparable properties. This home's larger footprint (156 sqft vs the comp average) plays a role in how the market prices it. Being built in 1960 (9 years older than comps) is factored into the value estimate. Right now, 7 similar properties are competing for buyers in JONESTOWN HILLS, listed between $199,000 and $749,500. Market data shows JONESTOWN HILLS prices fallen 16.8% over the last half year. The closest comparable sale, 11110 3rd ST, Jonestown TX 78645 at an adjusted $212,676, is a strong comparable. The strength of this estimate comes from 3 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