The market data from 5 similar recent sales in WILDHORSE CREEK points to a value of approximately $276,330. To sell within a reasonable timeframe at fair market value, the $290,000 to $291,000 range is where I'd position this. With 7 comparable homes on the market in WILDHORSE CREEK, this price positions the property as the 4th most expensive of 7 comparable homes on the market. At 0.19 acres, the lot is larger than the 0.15 acre comp average, which factors into pricing. The active market in WILDHORSE CREEK includes 7 comparable homes priced from $246,950 to $335,000. In 78653, home values have risen approximately 1.2% over the past 6 months. One of the strongest data points is 11825 Navasota ST, Manor TX 78653, adjusting to $249,450; a strong comparable. 5 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