233 Edmonson Ranch RD, McDade TX 78650

The market data from 7 similar recent sales in 78650 points to a value of approximately $345,266. To sell within a reasonable timeframe at fair market value, the $379,000 to $389,000 range is where I'd position this. With 0 comparable homes on the market in 78650, this price positions the property as no active comparable homes on the market. Being 253 sqft smaller than the average comparable sale in this area impacts the per square foot value. At 51.07 acres, the lot is larger than the 2.73 acre comp average, which factors into pricing. In 78650, home values have fallen approximately 19% over the past 6 months. One of the strongest data points is 514 Marlin ST, McDade TX 78650, adjusting to $379,286; a strong comparable. 7 comparable transactions in 78650 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