825 Schubert DR, Niederwald TX 78640

The market data from 7 similar recent sales in PRAIRIE MEADOWS points to a value of approximately $276,520. To sell within a reasonable timeframe at fair market value, the $297,000 to $299,000 range is where I'd position this. With 4 comparable homes on the market in PRAIRIE MEADOWS, this price positions the property as the 2nd most expensive of 4 comparable homes on the market. The smaller floor plan (117 sqft compared to the average comp) is a meaningful differentiator in this price range. At 0.78 acres, the lot is smaller than the 0.85 acre comp average, which factors into pricing. Right now, 4 similar properties are competing for buyers in PRAIRIE MEADOWS, listed between $225,000 and $774,999. In 78640, home values have fallen approximately 1.3% over the past 6 months. One of the strongest data points is 371 Lippe LN, Niederwald TX 78640, adjusting to $271,461; with a larger floor plan. 7 comparable transactions in PRAIRIE MEADOWS 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