12723 Burson DR, Manchaca TX 78652

The market data from 5 similar recent sales in BEAR CREEK PARK points to a value of approximately $406,340. To sell within a reasonable timeframe at fair market value, the $332,000 to $342,000 range is where I'd position this. Among the similar homes currently available in BEAR CREEK PARK, this price point stands out as competitive. At 125 sqft larger than the typical comp, the size difference factors into the valuation. The 1973 construction puts this home 7 years older than the comp average, a factor in the pricing. Current inventory shows 7 comparable homes in BEAR CREEK PARK; a balanced market based on recent absorption. In 78652, home values have fallen approximately 5.5% over the past 6 months. One of the strongest data points is 647 W FM 1626, Austin TX 78748, adjusting to $437,898; with a smaller floor plan. 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