4700 Colmar DR, Manor TX 78653

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $408,197. I'd recommend coming to market at $422,000 to $423,000 to strike the right balance between value and market velocity. With 3 comparable homes on the market in EAST, this price positions the property as the most affordable of 3 comparable homes on the market. Being 193 sqft larger than the average comparable sale in this area impacts the per square foot value. The 0.11 acre lot (smaller than the 0.14 acre average) is reflected in the estimate. Right now, 3 similar properties are competing for buyers in EAST, listed between $399,900 and $435,000. The trend in 78653 shows prices have fallen 2.3% in the past 6 months. 4808 Delancey DR, Manor TX 78653 nearby adjusts to $417,058; with a smaller floor plan. With 6 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group