702 W Ellis ST, Llano TX 78643

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $242,195. To generate strong buyer interest while maximizing value, I'd price this between $74,000 and $84,000. With 4 comparable homes on the market in 78643, this price positions the property as the 2nd least expensive of 4 comparable homes on the market. This home's larger footprint (178 sqft vs the comp average) plays a role in how the market prices it. The 2006 construction puts this home 34 years newer than the comp average, a factor in the pricing. Current inventory shows 4 comparable homes in 78643; a buyer's market based on recent absorption. The trend in 78643 shows prices have fallen 6.5% in the past 6 months. 504 E Green ST, Llano TX 78643 nearby adjusts to $227,749; a strong comparable. 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