12303 Riprap DR, Manor TX 78653

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $238,924. To generate strong buyer interest while maximizing value, I'd price this between $272,000 and $273,000. With 7 comparable homes on the market in STONEWATER, this price positions the property as the most affordable of 7 comparable homes on the market. At 107 sqft smaller than the typical comp, the size difference factors into the valuation. At 0.00 acres, the lot is smaller than the 0.12 acre comp average, which factors into pricing. Right now, 7 similar properties are competing for buyers in STONEWATER, listed between $250,000 and $300,000. The trend in STONEWATER shows prices have fallen 6.3% in the past 6 months. 14501 Almodine RD, Manor TX 78653 nearby adjusts to $216,730; a strong comparable. The 6 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