2402 Chaparral Park RD, Manchaca TX 78652

The market data from 7 similar recent sales in 78652 points to a value of approximately $440,539. To sell within a reasonable timeframe at fair market value, the $421,000 to $423,000 range is where I'd position this. With 3 comparable homes on the market in 78652, this price positions the property as the most expensive of 3 comparable homes on the market. The 1977 construction puts this home 31 years older than the comp average, a factor in the pricing. At 1.75 acres, the lot is larger than the 0.25 acre comp average, which factors into pricing. The active market in 78652 includes 3 comparable homes priced from $420,000 to $444,000. In 78652, home values have risen approximately 0% over the past 6 months. One of the strongest data points is 2822 Garlic Creek DR, Buda TX 78610, adjusting to $404,875; a strong comparable. 7 comparable transactions in 78652 support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group