11916 Mexia PASS, Manor TX 78653

The estimated value of this property is $322,729, based on 7 comparable sales within half a mile. In today's market, I'd bring this home to market somewhere between $338,000 and $341,000. In the current LAGOS market with 3 similar homes available, this price represents the 2nd most expensive of 3 comparable homes on the market. At 163 sqft smaller than the typical comp, the size difference factors into the valuation. Current inventory shows 3 comparable homes in LAGOS; a balanced market based on recent absorption. Recent trends in LAGOS show home values have fallen 5.1% since 6 months ago. The most comparable recent sale is 16817 Catemaco WALK, Manor TX 78653, with an adjusted value of $333,301; a strong comparable. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group