131 POPLAR DR, Mountain City TX 78610

Reviewing the most recent comparable transactions, this home's market value falls around $486,631. For a well positioned listing in MOUNTAIN CITY OAKS, I'd target the $292,000 to $302,000 range. Against 7 similar active listings in MOUNTAIN CITY OAKS, this price point lands at the 2nd most expensive of 7 comparable homes on the market. The 1984 construction puts this home 5 years older than the comp average, a factor in the pricing. At 0.80 acres, the lot is larger than the 0.73 acre comp average, which factors into pricing. Current inventory shows 7 comparable homes in MOUNTAIN CITY OAKS; a balanced market based on recent absorption. Recent trends in MOUNTAIN CITY OAKS show home values have risen 12.4% since 6 months ago. The most comparable recent sale is 110 Cedar DR, Mountain City TX 78610, with an adjusted value of $483,275; with a smaller floor plan. 5 comparable transactions in MOUNTAIN CITY OAKS 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