2643 FM 20, Red Rock TX 78662

The market data from 7 similar recent sales in JENKINS, WM points to a value of approximately $320,890. To sell within a reasonable timeframe at fair market value, the $384,000 to $485,000 range is where I'd position this. Against 2 similar active listings in JENKINS, WM, this price point lands at the most affordable of 2 comparable homes on the market. At 140 sqft smaller than the typical comp, the size difference factors into the valuation. The 1920 construction puts this home 57 years older than the comp average, a factor in the pricing. Right now, 2 similar properties are competing for buyers in JENKINS, WM, listed between $515,000 and $630,000. In 78662, home values have fallen approximately 8.5% over the past 6 months. One of the strongest data points is 305 Goertz DR, Red Rock TX 78662, adjusting to $331,213; with a larger floor plan. The 7 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