18500 Hobby LN, Jonestown TX 78645

Based on 7 closed sales in SOUTH JONESTOWN HILLS, the data points to a value around $456,628 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $675,000 to $710,000. This pricing would rank the home as the most affordable of 7 comparable homes on the market in SOUTH JONESTOWN HILLS's current inventory. Being built in 1982 (24 years older than comps) is factored into the value estimate. Lot size matters here: 0.32 acres versus 0.65 for the typical comp. There are currently 7 similar homes on the market in SOUTH JONESTOWN HILLS, ranging from $649,999 to $1,250,000. Market data shows 78645 prices fallen 5.6% over the last half year. The closest comparable sale, 9006 Hobby LN, Jonestown TX 78645 at an adjusted $576,189, is with a larger floor plan. The strength of this estimate comes from 7 directly comparable sales in SOUTH JONESTOWN HILLS. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group