Based on 7 closed sales in PONDEROSA HOMESTEAD, the data points to a value around $311,231 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $386,000 to $411,000. Relative to what's currently available in PONDEROSA HOMESTEAD, this home would be the 2nd least expensive of 4 comparable homes on the market. Being built in 1994 (10 years older than comps) is factored into the value estimate. Lot size matters here: 2.28 acres versus 1.52 for the typical comp. Buyers in PONDEROSA HOMESTEAD have 4 comparable options right now, with asking prices between $298,588 and $430,000. Market data shows 78659 prices risen 5.6% over the last half year. The closest comparable sale, 148 Pine Valley DR, Paige TX 78659 at an adjusted $291,789, is a strong comparable. This estimate draws on 7 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help.
Ed Neuhaus