10607 Hibbs LN, Manor TX 78653

The market data from 7 similar recent sales in ALEXANDER points to a value of approximately $292,815. To sell within a reasonable timeframe at fair market value, the $284,000 to $302,000 range is where I'd position this. Against 1 similar active listings in ALEXANDER, this price point lands at below the only comparable home currently on the market. At 222 sqft larger than the typical comp, the size difference factors into the valuation. The 1972 construction puts this home 35 years older than the comp average, a factor in the pricing. 1 similar homes are currently available in ALEXANDER, creating a buyer's market for this price range. In 78653, home values have fallen approximately 1.4% over the past 6 months. One of the strongest data points is 22515 Deidra DR, Elgin TX 78621, adjusting to $324,570; with a smaller floor plan. 7 comparable transactions in ALEXANDER 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