18800 White Rim, Jonestown TX 78645

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $467,528. I'd recommend coming to market at $572,000 to $595,000 to strike the right balance between value and market velocity. In the current 78645 market with 7 similar homes available, this price represents the 3rd least expensive of 7 comparable homes on the market. Built in 1983, this home is 21 years older than the average comp, which is reflected in the adjustments. The 2.51 acre lot (larger than the 0.21 acre average) is reflected in the estimate. With 7 similar homes currently listed in 78645 (a buyer's market), competition is a factor to consider. The trend in 78645 shows prices have fallen 5.6% in the past 6 months. 11009 Second ST, Jonestown TX 78645 nearby adjusts to $604,300; a strong comparable. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group