506 Metcalfe ST, Rockdale TX 76567

After reviewing 7 recent transactions in 76567, I estimate this property's value at $302,601. A competitive list price for this home right now would fall in the $153,000 to $163,000 range. Buyers shopping in 76567 right now would see this as a well positioned option among 7 comparable homes. At 130 sqft larger than the typical comp, the size difference factors into the valuation. The smaller lot (0.60 acres versus the area average of 3.54) contributes to the valuation. Current inventory shows 7 comparable homes in 76567; a buyer's market based on recent absorption. Prices in 76567 have fallen 7.7% over the last 6 months. A similar home at 1502 Yokley RD, Rockdale TX 76567 carries an adjusted comparable value of $292,134, providing a strong data point. With 7 comparable sales in 76567, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group