700 Wilhelm WAY, Red Rock TX 78662

The market data from 5 similar recent sales in EASTLAND, NICHOLAS points to a value of approximately $503,882. To sell within a reasonable timeframe at fair market value, the $426,000 to $436,000 range is where I'd position this. Among the similar homes currently available in EASTLAND, NICHOLAS, this price point stands out as competitive. The 2005 construction puts this home 30 years newer than the comp average, a factor in the pricing. At 12.14 acres, the lot is larger than the 7.59 acre comp average, which factors into pricing. Right now, 1 similar properties are competing for buyers in EASTLAND, NICHOLAS, listed between $389,900 and $389,900. In 78662, home values have fallen approximately 8.5% over the past 6 months. One of the strongest data points is 110 Sky Ranch RD, Smithville TX 78957, adjusting to $483,652; a strong comparable. 5 comparable transactions in EASTLAND, NICHOLAS 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