18107 Park DR, Jonestown TX 78645

The market data from 7 similar recent sales in LAKE SANDY points to a value of approximately $220,661. To sell within a reasonable timeframe at fair market value, the $216,000 to $241,000 range is where I'd position this. Against 2 similar active listings in LAKE SANDY, this price point lands at the most affordable of 2 comparable homes on the market. This home's smaller footprint (179 sqft vs the comp average) plays a role in how the market prices it. The 1987 construction puts this home 9 years newer than the comp average, a factor in the pricing. Current inventory shows 2 comparable homes in LAKE SANDY; a buyer's market based on recent absorption. In 78645, home values have fallen approximately 3.3% over the past 6 months. One of the strongest data points is 10900 2nd ST, Jonestown TX 78645, adjusting to $148,333; a strong comparable. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group