12807 Armstrong Ave, Manor TX 78653

The market data from 7 similar recent sales in GATES points to a value of approximately $283,437. To sell within a reasonable timeframe at fair market value, the $156,000 to $166,000 range is where I'd position this. Against 7 similar active listings in GATES, this price point lands at the most expensive of 7 comparable homes on the market. At 0.52 acres, the lot is larger than the 0.15 acre comp average, which factors into pricing. The active market in GATES includes 7 comparable homes priced from $150,000 to $320,000. In 78653, home values have fallen approximately 2.9% over the past 6 months. One of the strongest data points is 13213 Marie LN, Manor TX 78653, adjusting to $295,116; a strong comparable. 7 comparable transactions in GATES 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