1429 Old Highway 20, McDade TX 78650

My analysis of 7 comparable properties puts this home's estimated value at $495,798. Based on how the local market is moving, a list price between $481,000 and $511,000 would position this home well. This pricing would rank the home as below the only comparable home currently on the market in WEST, JAMES's current inventory. The larger floor plan (1,203 sqft compared to the average comp) is a meaningful differentiator in this price range. At 9 years newer than typical comps, the 1999 build date influences the valuation. The active market in WEST, JAMES includes 1 comparable homes priced from $798,500 to $798,500. The 6 month price trend in 78650: fallen 19%. The best comp here is 111 Scenic Farms DR, McDade TX 78650 at an adjusted value of $502,351, with a smaller floor plan. With 7 comparable sales in WEST, JAMES, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group