12339 Johnson RD, Manor TX 78653

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $322,710. I'd recommend coming to market at $255,000 to $265,000 to strike the right balance between value and market velocity. Against 4 similar active listings in GATES, this price point lands at the most expensive of 4 comparable homes on the market. At 221 sqft larger than the typical comp, the size difference factors into the valuation. Built in 2006, this home is 5 years older than the average comp, which is reflected in the adjustments. 4 similar homes are currently available in GATES, creating a buyer's market for this price range. The trend in 78653 shows prices have risen 4.4% in the past 6 months. 19305 Nathan Scott WAY, Manor TX 78653 nearby adjusts to $338,852; with a smaller floor plan. 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