151 Ranch House LOOP, Niederwald TX 78640

The estimated value of this property is $315,518, based on 4 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $269,000 and $279,000. At this price, the property would be the most expensive of 7 comparable homes on the market comparable homes currently on the market in CIRCLE N RANCH. The smaller floor plan (206 sqft compared to the average comp) is a meaningful differentiator in this price range. The 1.79 acre lot (larger than the 1.21 acre average) is reflected in the estimate. 7 similar homes are currently available in CIRCLE N RANCH, creating a buyer's market for this price range. Recent trends in 78640 show home values have fallen 6.8% since 6 months ago. The most comparable recent sale is 224 Windridge DR, Niederwald TX 78640, with an adjusted value of $446,289; a strong comparable. With 4 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group