9001 Hobby LN, Jonestown TX 78645

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $499,396. I'd recommend coming to market at $429,000 to $439,000 to strike the right balance between value and market velocity. With 7 comparable homes on the market in SOUTH JONESTOWN HILLS, this price positions the property as the 2nd least expensive of 7 comparable homes on the market. The 113 sqft size difference versus comparable sales is reflected in the adjusted values. The 0.38 acre lot (larger than the 0.28 acre average) is reflected in the estimate. Current inventory shows 7 comparable homes in SOUTH JONESTOWN HILLS; a buyer's market based on recent absorption. The trend in 78645 shows prices have risen 6% in the past 6 months. 6800 Little Serenity CV, Jonestown TX 78645 nearby adjusts to $495,855; with a larger floor plan. With 4 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