6973 Highway 142, Maxwell TX 78656

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $211,992. I'd recommend coming to market at $206,000 to $218,000 to strike the right balance between value and market velocity. At this price, the property would be below the only comparable home currently on the market comparable homes currently on the market in 78656. The 209 sqft size difference versus comparable sales is reflected in the adjusted values. Built in 2000, this home is 15 years newer than the average comp, which is reflected in the adjustments. Current inventory shows 1 comparable homes in 78656; a buyer's market based on recent absorption. The trend in 78656 shows prices have fallen 15.7% in the past 6 months. 200 Mockingbird LN # B, Lockhart TX 78644 nearby adjusts to $170,456; a strong comparable. With 7 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