15713 Schmidt LOOP, Manor TX 78653

Based on 7 closed sales in GATES, the data points to a value around $279,102 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $217,000 to $227,000. Buyers shopping in GATES right now would see this as a well positioned option among 4 comparable homes. At 107 sqft smaller than the typical comp, the size difference factors into the valuation. Lot size matters here: 1.50 acres versus 0.13 for the typical comp. Current inventory shows 4 comparable homes in GATES; a buyer's market based on recent absorption. Market data shows 78653 prices risen 4.4% over the last half year. The closest comparable sale, 15003 Tuff RD, Manor TX 78653 at an adjusted $264,200, is with a larger floor plan. The strength of this estimate comes from 7 directly comparable sales in GATES. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group