821 Cinnamon Teal, Seguin TX 78155

The market data from 7 similar recent sales in ARROYO RANCH points to a value of approximately $340,643. To sell within a reasonable timeframe at fair market value, the $334,000 to $347,000 range is where I'd position this. At this price, the property would be the most expensive of 3 comparable homes on the market comparable homes currently on the market in ARROYO RANCH. At 169 sqft smaller than the typical comp, the size difference factors into the valuation. At 0.14 acres, the lot is smaller than the 0.30 acre comp average, which factors into pricing. Current inventory shows 3 comparable homes in ARROYO RANCH; a buyer's market based on recent absorption. In 78155, home values have fallen approximately 1.6% over the past 6 months. One of the strongest data points is 716 Monarch DR, Seguin TX 78155, adjusting to $189,783; with a larger floor plan. 7 comparable transactions in ARROYO RANCH 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