18504 Lake Terrace DR, Jonestown TX 78645

After reviewing 3 recent transactions in RETIREMENT, I estimate this property's value at $265,657. A competitive list price for this home right now would fall in the $319,000 to $377,000 range. This would position the home competitively among 7 active listings in RETIREMENT. At 5 years newer than typical comps, the 1986 build date influences the valuation. Current inventory shows 7 comparable homes in RETIREMENT; a buyer's market based on recent absorption. Prices in 78645 have fallen 5.6% over the last 6 months. A similar home at 10801 W Lakeview DR, Jonestown TX 78645 carries an adjusted comparable value of $226,635, providing a strong data point. With 3 comparable sales in RETIREMENT, 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