111 Ranch House LOOP, Niederwald TX 78640

After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $263,588. Pricing this home between $218,000 and $228,000 would put it in the competitive sweet spot for CIRCLE N RANCH. This home's position in the current CIRCLE N RANCH market: the 2nd most expensive of 7 comparable homes on the market among comparable properties. The larger lot (1.79 acres versus the area average of 1.13) contributes to the valuation. With 7 similar homes currently listed in CIRCLE N RANCH (a buyer's market), competition is a factor to consider. Market data shows 78640 prices fallen 1% over the last half year. The closest comparable sale, 2100 Mathias LN, Kyle TX 78640 at an adjusted $314,910, is a strong comparable. With 7 comparable sales in CIRCLE N RANCH, 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