278 Richmond ST, McDade TX 78650

The market data from 7 similar recent sales in MCDADE AREA points to a value of approximately $446,443. To sell within a reasonable timeframe at fair market value, the $463,000 to $484,000 range is where I'd position this. Among the similar homes currently available in MCDADE AREA, this price point stands out as competitive. The 2022 construction puts this home 19 years newer than the comp average, a factor in the pricing. At 0.97 acres, the lot is smaller than the 4.92 acre comp average, which factors into pricing. Buyers in MCDADE AREA have 2 comparable options right now, with asking prices between $395,000 and $498,500. In 78650, home values have fallen approximately 28.9% over the past 6 months. One of the strongest data points is 647 Old Highway 20, McDade TX 78650, adjusting to $463,123; a strong comparable. 7 comparable transactions in MCDADE AREA 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