154 Garrett TRL, Maxwell TX 78656

The market data from 7 similar recent sales in CITY VIEW points to a value of approximately $188,730. To sell within a reasonable timeframe at fair market value, the $193,000 to $196,000 range is where I'd position this. Among the similar homes currently available in CITY VIEW, this price point stands out as competitive. The 1996 construction puts this home 30 years older than the comp average, a factor in the pricing. At 1.18 acres, the lot is larger than the 0.11 acre comp average, which factors into pricing. Current inventory shows 4 comparable homes in CITY VIEW; a buyer's market based on recent absorption. In 78656, home values have fallen approximately 16.6% over the past 6 months. One of the strongest data points is 527 Paris ST, Maxwell TX 78656, adjusting to $185,853; a strong comparable. The 7 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