The market data from 7 similar recent sales in WILDHORSE CREEK points to a value of approximately $270,577. To sell within a reasonable timeframe at fair market value, the $265,000 to $276,000 range is where I'd position this. With 4 comparable homes on the market in WILDHORSE CREEK, this price positions the property as the most expensive of 4 comparable homes on the market. At 0.19 acres, the lot is larger than the 0.14 acre comp average, which factors into pricing. The active market in WILDHORSE CREEK includes 4 comparable homes priced from $190,000 to $299,000. In WILDHORSE CREEK, home values have risen approximately 0.1% over the past 6 months. One of the strongest data points is 11825 Navasota ST, Manor TX 78653, adjusting to $249,530; a strong comparable. 7 comparable transactions in WILDHORSE CREEK 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