12908 Ceder ST, Manor TX 78653

The comparable sales data (7 recent transactions in GATES) supports an estimated value of $286,920. The data suggests a list price between $192,000 and $202,000 would attract qualified buyers without leaving money on the table. Relative to what's currently available in GATES, this home would be the most expensive of 2 comparable homes on the market. The smaller floor plan (1,036 sqft compared to the average comp) is a meaningful differentiator in this price range. Being built in 1985 (30 years older than comps) is factored into the value estimate. Buyers in GATES have 2 comparable options right now, with asking prices between $198,000 and $249,000. Prices in 78653 have risen 4.4% over the last 6 months. A similar home at 12929 James Madison ST, Manor TX 78653 carries an adjusted comparable value of $240,300, providing a strong data point. This estimate draws on 7 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus