891 Fm 812, Red Rock TX 78662

Based on 7 closed sales in BLALOCK, JAMES, the data points to a value around $413,782 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $495,000 to $503,000. This would position the home competitively among 2 active listings in BLALOCK, JAMES. Being 340 sqft larger than the average comparable sale in this area impacts the per square foot value. Being built in 1987 (7 years older than comps) is factored into the value estimate. The active market in BLALOCK, JAMES includes 2 comparable homes priced from $512,295 to $515,000. Market data shows 78662 prices fallen 8.5% over the last half year. The closest comparable sale, 128 Boyd RD, Red Rock TX 78662 at an adjusted $350,435, is with a smaller floor plan. 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