8614 Alvarado PASS, Jonestown TX 78645

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $361,358. To generate strong buyer interest while maximizing value, I'd price this between $246,000 and $256,000. With 7 comparable homes on the market in 78645, this price positions the property as the 2nd most expensive of 7 comparable homes on the market. At 11.72 acres, the lot is larger than the 0.23 acre comp average, which factors into pricing. 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 5.9% in the past 6 months. 17720 Maritime Point DR # 303, Jonestown TX 78645 nearby adjusts to $437,195; a strong comparable. 7 comparable transactions in 78645 support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group