19811 Lockwood RD, Manor TX 78653

The market data from 7 similar recent sales in JENNINGS G points to a value of approximately $314,514. To sell within a reasonable timeframe at fair market value, the $308,000 to $321,000 range is where I'd position this. Against 1 similar active listings in JENNINGS G, this price point lands at below the only comparable home currently on the market. The 1978 construction puts this home 29 years older than the comp average, a factor in the pricing. At 7.69 acres, the lot is larger than the 0.32 acre comp average, which factors into pricing. The active market in JENNINGS G includes 1 comparable homes priced from $250,000 to $250,000. In 78653, home values have fallen approximately 4.2% over the past 6 months. One of the strongest data points is 19402 Hog Eye RD, Manor TX 78653, adjusting to $430,596; with a smaller floor plan. 7 comparable transactions in JENNINGS G 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