235 Hummingbird WAY, Martindale TX 78655

The market data from 7 similar recent sales in BUTTERFLY MEADOWS points to a value of approximately $294,001. To sell within a reasonable timeframe at fair market value, the $236,000 to $246,000 range is where I'd position this. In the current BUTTERFLY MEADOWS market with 3 similar homes available, this price represents the 2nd most expensive of 3 comparable homes on the market. The 2006 construction puts this home 9 years older than the comp average, a factor in the pricing. At 0.50 acres, the lot is larger than the 0.43 acre comp average, which factors into pricing. 3 similar homes are currently available in BUTTERFLY MEADOWS, creating a buyer's market for this price range. In 78655, home values have fallen approximately 1% over the past 6 months. One of the strongest data points is 240 Hummingbird WAY, Martindale TX 78655, adjusting to $373,185; with a larger floor plan. 7 comparable transactions in BUTTERFLY MEADOWS 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