503 Giebel LN, Somerville TX 77879

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $175,088. To generate strong buyer interest while maximizing value, I'd price this between $170,000 and $180,000. Against 1 similar active listings in 77879, this price point lands at below the only comparable home currently on the market. The 1975 construction puts this home 7 years older than the comp average, a factor in the pricing. At 1.06 acres, the lot is larger than the 0.70 acre comp average, which factors into pricing. There are currently 1 similar homes on the market in 77879, ranging from $189,900 to $189,900. The trend in 77879 shows prices have risen 134.6% in the past 6 months. 208 Little Berry RD, Somerville TX 77879 nearby adjusts to $145,916; with a larger floor plan. The 4 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group