12900 Wedding DR, Manor TX 78653

The market data from 4 similar recent sales in BELL FARMS points to a value of approximately $297,491. To sell within a reasonable timeframe at fair market value, the $407,000 to $409,000 range is where I'd position this. With 7 comparable homes on the market in BELL FARMS, this price positions the property as the 2nd least expensive of 7 comparable homes on the market. The larger floor plan (394 sqft compared to the average comp) is a meaningful differentiator in this price range. At 0.17 acres, the lot is larger than the 0.14 acre comp average, which factors into pricing. There are currently 7 similar homes on the market in BELL FARMS, ranging from $285,000 to $421,630. In BELL FARMS, home values have fallen approximately 1.5% over the past 6 months. One of the strongest data points is 12713 Bella PKWY, Manor TX 78653, adjusting to $285,198; with a smaller floor plan. The 4 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