661 Longhorn LOOP, Niederwald TX 78640

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $265,626. To generate strong buyer interest while maximizing value, I'd price this between $255,000 and $269,000. Against 7 similar active listings in CIRCLE N RANCH, this price point lands at the most expensive of 7 comparable homes on the market. The 1999 construction puts this home 13 years older than the comp average, a factor in the pricing. At 1.24 acres, the lot is larger than the 0.81 acre comp average, which factors into pricing. Current inventory shows 7 comparable homes in CIRCLE N RANCH; a buyer's market based on recent absorption. The trend in 78640 shows prices have fallen 1.9% in the past 6 months. 1092 Engelke RD, Niederwald TX 78640 nearby adjusts to $302,750; a strong comparable. 7 comparable transactions in CIRCLE N RANCH 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