After adjusting 4 comparable sales for differences in size, age, and features, this home's estimated value is $693,214. Pricing this home between $679,000 and $707,000 would put it in the competitive sweet spot for 78645. This home's position in the current 78645 market: the 2nd least expensive of 4 comparable homes on the market among comparable properties. This home's smaller footprint (237 sqft vs the comp average) plays a role in how the market prices it. The larger lot (1.04 acres versus the area average of 0.86) contributes to the valuation. With 4 comparable sales in 78645, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further.
Ed Neuhaus, Broker/Owner, Neuhaus Realty Group
