The estimated value of this property is $302,520, based on 7 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $305,000 and $326,000. In the current PLUM CREEK market with 7 similar homes available, this price represents the 4th most expensive of 7 comparable homes on the market. The 0.00 acre lot (smaller than the 0.16 acre average) is reflected in the estimate. With 7 similar homes currently listed in PLUM CREEK (a buyer's market), competition is a factor to consider. Recent trends in PLUM CREEK show home values have fallen 4.4% since 6 months ago. The most comparable recent sale is 684 Hogan, Kyle TX 78640, with an adjusted value of $301,225; a strong comparable. With 7 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