12000 E US HWY 290, Manor TX 78653

Reviewing the most recent comparable transactions, this home's market value falls around $236,749. For a well positioned listing in 78653, I'd target the $255,000 to $256,000 range. Against 7 similar active listings in 78653, this price point lands at the 3rd least expensive of 7 comparable homes on the market. The 1965 construction puts this home 34 years older than the comp average, a factor in the pricing. At 1.00 acres, the lot is larger than the 0.17 acre comp average, which factors into pricing. There are currently 7 similar homes on the market in 78653, ranging from $240,000 to $684,500. Recent trends in 78653 show home values have fallen 2.3% since 6 months ago. The most comparable recent sale is 706 John Nagle ST, Manor TX 78653, with an adjusted value of $254,765; with a larger floor plan. The 7 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