The estimated value of this property is $328,958, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $262,000 and $272,000. In the current M F CAMPBELL SURV #98 market with 1 similar homes available, this price represents below the only comparable home currently on the market. Being 741 sqft smaller than the average comparable sale in this area impacts the per square foot value. Built in 2002, this home is 16 years newer than the average comp, which is reflected in the adjustments. Right now, 1 similar properties are competing for buyers in M F CAMPBELL SURV #98, listed between $270,000 and $270,000. Recent trends in 78645 show home values have fallen 5.5% since 6 months ago. The most comparable recent sale is 18106 Gregg Bluff RD, Jonestown TX 78645, with an adjusted value of $175,910; 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