8711 Grandview DR, Jonestown TX 78645

Reviewing the most recent comparable transactions, this home's market value falls around $874,140. For a well positioned listing in SOUTH JONESTOWN HILLS, I'd target the $1,031,000 to $1,144,000 range. In the current SOUTH JONESTOWN HILLS market with 7 similar homes available, this price represents the 4th most expensive of 7 comparable homes on the market. The larger floor plan (367 sqft compared to the average comp) is a meaningful differentiator in this price range. The 1967 construction puts this home 48 years older than the comp average, a factor in the pricing. The active market in SOUTH JONESTOWN HILLS includes 7 comparable homes priced from $759,900 to $2,999,000. Recent trends in 78645 show home values have fallen 5.6% since 6 months ago. The most comparable recent sale is 9006 Hobby LN, Jonestown TX 78645, with an adjusted value of $870,794; with a smaller floor plan. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group