12200 Sparks RD, Manor TX 78653

The estimated value of this property is $323,129, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $241,000 and $251,000. With 7 comparable homes on the market in ELISON, this price positions the property as the most expensive of 7 comparable homes on the market. Built in 2007, this home is 8 years older than the average comp, which is reflected in the adjustments. The 1.00 acre lot (larger than the 0.14 acre average) is reflected in the estimate. Current inventory shows 7 comparable homes in ELISON; a buyer's market based on recent absorption. Recent trends in 78653 show home values have fallen 1.4% since 6 months ago. The most comparable recent sale is 19201 James Carter Jr ST, Manor TX 78653, with an adjusted value of $329,966; 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