Based on what similar homes have actually sold for within half a mile, I'd place this property's value at $408,009. I'd recommend coming to market at $306,000 to $316,000 to strike the right balance between value and market velocity. Among the similar homes currently available in CUBA JOHN, this price point stands out as competitive. This home's larger footprint (279 sqft vs the comp average) plays a role in how the market prices it. The 0.47 acre lot (larger than the 0.34 acre average) is reflected in the estimate. There are currently 7 similar homes on the market in CUBA JOHN, ranging from $300,000 to $515,000. The trend in 76574 shows prices have fallen 5.7% in the past 6 months. 4200 Timbercrest DR, Taylor TX 76574 nearby adjusts to $565,595; with a smaller floor plan and a pool. With 4 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only.
Ed Neuhaus, Neuhaus Realty Group