Based on 7 closed sales in BELL FARMS, the data points to a value around $237,507 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $278,000 to $282,000. This pricing would rank the home as the 2nd least expensive of 4 comparable homes on the market in BELL FARMS's current inventory. The active market in BELL FARMS includes 4 comparable homes priced from $249,990 to $300,000. Market data shows BELL FARMS prices fallen 7.7% over the last half year. The closest comparable sale, 12748 Saint Mary DR, Manor TX 78653 at an adjusted $190,823, is a strong comparable. The strength of this estimate comes from 7 directly comparable sales in BELL FARMS. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available.
Ed Neuhaus, Neuhaus Realty Group