My analysis of 3 comparable properties puts this home's estimated value at $310,478. Based on how the local market is moving, a list price between $122,000 and $132,000 would position this home well. This home's position in the current CUBA JOHN market: the 2nd most expensive of 7 comparable homes on the market among comparable properties. Being 164 sqft larger than the average comparable sale in this area impacts the per square foot value. There are currently 7 similar homes on the market in CUBA JOHN, ranging from $112,000 to $369,000. The 6 month price trend in 76574: fallen 3.5%. The best comp here is 914 Victoria ST, Taylor TX 76574 at an adjusted value of $264,038, a strong comparable. With 3 comparable sales in CUBA JOHN, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further.
Ed Neuhaus, Broker/Owner, Neuhaus Realty Group
