181 Ponderosa LOOP, Paige TX 78659

The market data from 4 similar recent sales in PONDEROSA HOMESTEAD points to a value of approximately $341,756. To sell within a reasonable timeframe at fair market value, the $211,000 to $221,000 range is where I'd position this. With 5 comparable homes on the market in PONDEROSA HOMESTEAD, this price positions the property as the 3rd most expensive of 5 comparable homes on the market. This home's smaller footprint (134 sqft vs the comp average) plays a role in how the market prices it. At 3.86 acres, the lot is larger than the 3.41 acre comp average, which factors into pricing. 5 similar homes are currently available in PONDEROSA HOMESTEAD, creating a buyer's market for this price range. In 78659, home values have risen approximately 5.6% over the past 6 months. One of the strongest data points is 148 Pine Valley DR, Paige TX 78659, adjusting to $281,836; a strong comparable. 4 comparable transactions in PONDEROSA HOMESTEAD 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