11833 Pecan DR, Jonestown TX 78645

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $251,523. I'd recommend coming to market at $314,000 to $318,000 to strike the right balance between value and market velocity. With 3 comparable homes on the market in PECAN TERRACE, this price positions the property as the most affordable of 3 comparable homes on the market. Built in 1978, this home is 9 years older than the average comp, which is reflected in the adjustments. The 0.56 acre lot (larger than the 0.17 acre average) is reflected in the estimate. Current inventory shows 3 comparable homes in PECAN TERRACE; a buyer's market based on recent absorption. The trend in 78645 shows prices have fallen 5.6% in the past 6 months. 11811 Evergreen DR, Jonestown TX 78645 nearby adjusts to $75,354; with a smaller floor plan. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group