12912 Armstrong Ave, Manor TX 78653

Reviewing the most recent comparable transactions, this home's market value falls around $223,215. For a well positioned listing in GATES, I'd target the $143,000 to $153,000 range. At this price, the property would be the 3rd most expensive of 7 comparable homes on the market comparable homes currently on the market in GATES. At 119 sqft smaller than the typical comp, the size difference factors into the valuation. The 1962 construction puts this home 54 years older than the comp average, a factor in the pricing. There are currently 7 similar homes on the market in GATES, ranging from $169,905 to $694,500. Recent trends in 78653 show home values have risen 4.4% since 6 months ago. The most comparable recent sale is 13805 Benjamin Harrison ST, Manor TX 78653, with an adjusted value of $229,075; 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