17672 Reed Park RD, Jonestown TX 78645

My analysis of 5 comparable properties puts this home's estimated value at $754,159. Based on how the local market is moving, a list price between $732,000 and $777,000 would position this home well. This home's position in the current GRANDACRES market: the most affordable of 3 comparable homes on the market among comparable properties. This home's smaller footprint (121 sqft vs the comp average) plays a role in how the market prices it. The larger lot (1.06 acres versus the area average of 0.97) contributes to the valuation. With 3 similar homes currently listed in GRANDACRES (a buyer's market), competition is a factor to consider. The 6 month price trend in 78645: fallen 5.9%. The best comp here is 8600 Kelly CV N, Jonestown TX 78645 at an adjusted value of $704,725, a strong comparable. The comp data here (5 sales in GRANDACRES) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus