13 S Sherwood DR, Morgans Point Resort TX 76513

My analysis of 7 comparable properties puts this home's estimated value at $306,266. Based on how the local market is moving, a list price between $297,000 and $315,000 would position this home well. Buyers shopping in 76513 right now would see this as a well positioned option among 1 comparable homes. The smaller floor plan (863 sqft compared to the average comp) is a meaningful differentiator in this price range. At 23 years older than typical comps, the 1979 build date influences the valuation. The active market in 76513 includes 1 comparable homes priced from $259,000 to $259,000. The 6 month price trend in 76513: fallen 6.7%. The best comp here is 206 WOODLAND TRL, Belton TX 76513 at an adjusted value of $218,738, a strong comparable. The comp data here (7 sales in 76513) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus