117 Broward Ave, Marion TX 78124

The market data from 6 similar recent sales in 78124 points to a value of approximately $427,606. To sell within a reasonable timeframe at fair market value, the $485,000 to $512,000 range is where I'd position this. In the current 78124 market with 1 similar homes available, this price represents below the only comparable home currently on the market. The 2001 construction puts this home 16 years older than the comp average, a factor in the pricing. At 1.00 acres, the lot is smaller than the 3.66 acre comp average, which factors into pricing. 1 similar homes are currently available in 78124, creating a balanced market for this price range. In 78124, home values have fallen approximately 50.9% over the past 6 months. One of the strongest data points is 171 Lost Maples WAY, Marion TX 78124, adjusting to $337,214; with a smaller floor plan. 6 comparable transactions in 78124 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