18204 Reed PARK, Jonestown TX 78645

After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $422,831. Pricing this home between $240,000 and $250,000 would put it in the competitive sweet spot for 78645. This pricing would rank the home as the 3rd most expensive of 7 comparable homes on the market in 78645's current inventory. At 12 years older than typical comps, the 1996 build date influences the valuation. The larger lot (2.84 acres versus the area average of 0.22) contributes to the valuation. There are currently 7 similar homes on the market in 78645, ranging from $239,000 to $899,000. Market data shows 78645 prices risen 5.8% over the last half year. The closest comparable sale, 17804 Maritime Point DR # 303, Jonestown TX 78645 at an adjusted $439,615, is a strong comparable. The comp data here (7 sales in 78645) 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