853 Armadillo DR, Seguin TX 78155

The market data from 7 similar recent sales in ARROYO RANCH points to a value of approximately $365,288. To sell within a reasonable timeframe at fair market value, the $276,000 to $286,000 range is where I'd position this. With 3 comparable homes on the market in ARROYO RANCH, this price positions the property as the most expensive of 3 comparable homes on the market. Being 183 sqft smaller than the average comparable sale in this area impacts the per square foot value. At 0.13 acres, the lot is smaller than the 1.71 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 risen approximately 34.2% over the past 6 months. One of the strongest data points is 716 Monarch DR, Seguin TX 78155, adjusting to $189,191; 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