7 E Pima LN, Morgans Point Resort TX 76513

After reviewing 3 recent transactions in 76513, I estimate this property's value at $385,404. A competitive list price for this home right now would fall in the $304,000 to $314,000 range. This pricing would rank the home as the most expensive of 2 comparable homes on the market in 76513's current inventory. The smaller floor plan (287 sqft compared to the average comp) is a meaningful differentiator in this price range. At 13 years older than typical comps, the 2004 build date influences the valuation. With 2 similar homes currently listed in 76513 (a buyer's market), competition is a factor to consider. Prices in 76513 have fallen 7.3% over the last 6 months. A similar home at 10219 Alamosa LN, Temple TX 76502 carries an adjusted comparable value of $335,176, providing a strong data point. With 3 comparable sales in 76513, 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