12025 Texana TRL, Manor TX 78653

Reviewing the most recent comparable transactions, this home's market value falls around $321,855. For a well positioned listing in LAGOS, I'd target the $332,000 to $335,000 range. With 4 comparable homes on the market in LAGOS, this price positions the property as the 2nd least expensive of 4 comparable homes on the market. Being 224 sqft smaller than the average comparable sale in this area impacts the per square foot value. The 2019 construction puts this home 6 years older than the comp average, a factor in the pricing. Current inventory shows 4 comparable homes in LAGOS; a balanced market based on recent absorption. Recent trends in LAGOS show home values have fallen 5% since 6 months ago. The most comparable recent sale is 16817 Catemaco WALK, Manor TX 78653, with an adjusted value of $327,447; with a larger floor plan. 6 comparable transactions in LAGOS 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