331 Brown RD, McDade TX 78650

The market data from 7 similar recent sales in KNOBBS LANDING points to a value of approximately $421,651. To sell within a reasonable timeframe at fair market value, the $409,000 to $434,000 range is where I'd position this. At this price, the property would be below the only comparable home currently on the market comparable homes currently on the market in KNOBBS LANDING. The 230 sqft size difference versus comparable sales is reflected in the adjusted values. The 2008 construction puts this home 5 years older than the comp average, a factor in the pricing. The active market in KNOBBS LANDING includes 1 comparable homes priced from $390,000 to $390,000. In 78650, home values have fallen approximately 19% over the past 6 months. One of the strongest data points is 185 Eely RD, McDade TX 78650, adjusting to $377,548; 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