18800 F M Road 1431, Jonestown TX 78645

After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $469,396. Pricing this home between $247,000 and $257,000 would put it in the competitive sweet spot for PANORAMIC HILLS. This pricing would rank the home as the 2nd least expensive of 7 comparable homes on the market in PANORAMIC HILLS's current inventory. At 8 years older than typical comps, the 2007 build date influences the valuation. The smaller lot (0.73 acres versus the area average of 0.79) contributes to the valuation. 7 similar homes are currently available in PANORAMIC HILLS, creating a buyer's market for this price range. Market data shows 78645 prices fallen 5.6% over the last half year. The closest comparable sale, 18322 Lake Oaks DR, Jonestown TX 78645 at an adjusted $465,840, is with a smaller floor plan. With 7 comparable sales in PANORAMIC HILLS, 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