225 Hummingbird WAY, Martindale TX 78655

The market data from 6 similar recent sales in BUTTERFLY MEADOWS points to a value of approximately $330,155. To sell within a reasonable timeframe at fair market value, the $222,000 to $232,000 range is where I'd position this. At this price, the property would be below the only comparable home currently on the market comparable homes currently on the market in BUTTERFLY MEADOWS. The 2005 construction puts this home 38 years newer than the comp average, a factor in the pricing. At 0.50 acres, the lot is larger than the 0.37 acre comp average, which factors into pricing. 1 similar homes are currently available in BUTTERFLY MEADOWS, creating a buyer's market for this price range. In 78655, home values have fallen approximately 3.7% over the past 6 months. One of the strongest data points is 240 Hummingbird WAY, Martindale TX 78655, adjusting to $358,480; with a larger floor plan. The 6 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group