775 Monarch DR, Seguin TX 78155

The market data from 7 similar recent sales in 78155 points to a value of approximately $366,464. To sell within a reasonable timeframe at fair market value, the $438,000 to $453,000 range is where I'd position this. In the current 78155 market with 4 similar homes available, this price represents the most affordable of 4 comparable homes on the market. Being 221 sqft larger than the average comparable sale in this area impacts the per square foot value. At 0.16 acres, the lot is smaller than the 0.27 acre comp average, which factors into pricing. Current inventory shows 4 comparable homes in 78155; a buyer's market based on recent absorption. In 78155, home values have risen approximately 8.9% over the past 6 months. One of the strongest data points is 759 Ocelot Court, Seguin TX 78155, adjusting to $291,483; with a smaller floor plan. 7 comparable transactions in 78155 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