19401 Lockwood, Manor TX 78653

Based on 7 closed sales in 78653, the data points to a value around $324,969 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $315,000 to $335,000. This home's position in the current 78653 market: the 2nd least expensive of 7 comparable homes on the market among comparable properties. This home's larger footprint (265 sqft vs the comp average) plays a role in how the market prices it. Being built in 2001 (5 years older than comps) is factored into the value estimate. Current inventory shows 7 comparable homes in 78653; a buyer's market based on recent absorption. Market data shows 78653 prices fallen 1.4% over the last half year. The closest comparable sale, 13604 Briarcreek LOOP, Manor TX 78653 at an adjusted $294,071, is with a smaller floor plan. The strength of this estimate comes from 7 directly comparable sales in 78653. 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