545 Cranberry RD, Somerville TX 77879

The comparable sales data (4 recent transactions in 77879) supports an estimated value of $166,427. The data suggests a list price between $161,000 and $171,000 would attract qualified buyers without leaving money on the table. Relative to what's currently available in 77879, this home would be below the only comparable home currently on the market. The smaller floor plan (378 sqft compared to the average comp) is a meaningful differentiator in this price range. Being built in 2020 (30 years newer than comps) is factored into the value estimate. Current inventory shows 1 comparable homes in 77879; a buyer's market based on recent absorption. Prices in 77879 have risen 141% over the last 6 months. A similar home at 112 Pawnee WAY, Somerville TX 77879 carries an adjusted comparable value of $100,428, providing a strong data point. The strength of this estimate comes from 4 directly comparable sales in 77879. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group