The market data from 7 similar recent sales in 78949 points to a value of approximately $306,354. To sell within a reasonable timeframe at fair market value, the $324,000 to $334,000 range is where I'd position this. Among the similar homes currently available in 78949, this price point stands out as competitive. The 128 sqft size difference versus comparable sales is reflected in the adjusted values. The 2016 construction puts this home 5 years older than the comp average, a factor in the pricing. Right now, 2 similar properties are competing for buyers in 78949, listed between $360,000 and $400,000. One of the strongest data points is 406 Ross ST, Smithville TX 78957, adjusting to $321,230; 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