14429 Cummins WAY, Manor TX 78653

The market data from 4 similar recent sales in STONEWATER points to a value of approximately $293,395. To sell within a reasonable timeframe at fair market value, the $250,000 to $260,000 range is where I'd position this. At this price, the property would be the 3rd most expensive of 6 comparable homes on the market comparable homes currently on the market in STONEWATER. The 2007 construction puts this home 7 years older than the comp average, a factor in the pricing. At 0.18 acres, the lot is larger than the 0.14 acre comp average, which factors into pricing. Current inventory shows 6 comparable homes in STONEWATER; a buyer's market based on recent absorption. In STONEWATER, home values have fallen approximately 6.3% over the past 6 months. One of the strongest data points is 14316 Pebble Run PATH, Manor TX 78653, adjusting to $288,347; with a smaller floor plan. 4 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