11811 Evergreen DR, Jonestown TX 78645

Reviewing the most recent comparable transactions, this home's market value falls around $216,589. For a well positioned listing in PECAN TERRACE, I'd target the $241,000 to $252,000 range. At this price, the property would be the 2nd most expensive of 3 comparable homes on the market comparable homes currently on the market in PECAN TERRACE. The 1972 construction puts this home 5 years older than the comp average, a factor in the pricing. At 0.22 acres, the lot is larger than the 0.15 acre comp average, which factors into pricing. Current inventory shows 3 comparable homes in PECAN TERRACE; a buyer's market based on recent absorption. Recent trends in 78645 show home values have fallen 5.3% since 6 months ago. The most comparable recent sale is 18502 E Lakeview DR, Jonestown TX 78645, with an adjusted value of $240,762; a strong comparable. 6 comparable transactions in PECAN TERRACE support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group