Based on 7 closed sales in 76577, the data points to a value around $262,560 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $276,000 to $323,000. This pricing would rank the home as no active comparable homes on the market in 76577's current inventory. Being built in 1955 (17 years older than comps) is factored into the value estimate. Lot size matters here: 1.45 acres versus 4.40 for the typical comp. Market data shows 76577 prices risen 1.8% over the last half year. The closest comparable sale, 2949 County Road 437, Thorndale TX 76577 at an adjusted $276,088, is with a larger floor plan. The strength of this estimate comes from 7 directly comparable sales in 76577. 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