The market data from 6 similar recent sales in BRIARCREEK points to a value of approximately $252,426. To sell within a reasonable timeframe at fair market value, the $268,000 to $269,000 range is where I'd position this. Among the similar homes currently available in BRIARCREEK, this price point stands out as competitive. At 161 sqft larger than the typical comp, the size difference factors into the valuation. There are currently 7 similar homes on the market in BRIARCREEK, ranging from $230,000 to $290,000. In BRIARCREEK, home values have risen approximately 0.6% over the past 6 months. One of the strongest data points is 11504 Briarcreek LOOP, Manor TX 78653, adjusting to $242,183; a strong comparable. The 6 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