The market data from 5 similar recent sales in PLUM CREEK points to a value of approximately $305,417. To sell within a reasonable timeframe at fair market value, the $261,000 to $271,000 range is where I'd position this. In the current PLUM CREEK market with 3 similar homes available, this price represents the most expensive of 3 comparable homes on the market. Buyers in PLUM CREEK have 3 comparable options right now, with asking prices between $275,000 and $324,900. In PLUM CREEK, home values have fallen approximately 4.4% over the past 6 months. One of the strongest data points is 673 Hogan, Kyle TX 78640, adjusting to $322,225; a strong comparable. The 5 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