14401 Joy Lee LN, Manor TX 78653

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $275,063. To generate strong buyer interest while maximizing value, I'd price this between $222,000 and $232,000. In the current STONEWATER market with 6 similar homes available, this price represents the 3rd least expensive of 6 comparable homes on the market. The 2007 construction puts this home 6 years older than the comp average, a factor in the pricing. At 0.18 acres, the lot is larger than the 0.12 acre comp average, which factors into pricing. Current inventory shows 6 comparable homes in STONEWATER; a buyer's market based on recent absorption. The trend in STONEWATER shows prices have fallen 6.3% in the past 6 months. 14316 Pebble Run PATH, Manor TX 78653 nearby adjusts to $273,392; a strong comparable. 7 comparable transactions in STONEWATER 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