138 JIM BOWIE, Paige TX 78659

Reviewing the most recent comparable transactions, this home's market value falls around $389,149. For a well positioned listing in 78659, I'd target the $314,000 to $324,000 range. In the current 78659 market with 3 similar homes available, this price represents the most expensive of 3 comparable homes on the market. The smaller floor plan (296 sqft compared to the average comp) is a meaningful differentiator in this price range. At 0.72 acres, the lot is smaller than the 2.68 acre comp average, which factors into pricing. Right now, 3 similar properties are competing for buyers in 78659, listed between $288,000 and $465,000. Recent trends in 78659 show home values have risen 5.6% since 6 months ago. The most comparable recent sale is 116 Cherry ST, Bastrop TX 78602, with an adjusted value of $198,789; a strong comparable. The 6 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group