102 W Gibson ST, Thorndale TX 76577

The estimated value of this property is $180,189, based on 7 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $117,000 and $127,000. With 3 comparable homes on the market in 76577, this price positions the property as the 2nd most expensive of 3 comparable homes on the market. The smaller floor plan (493 sqft compared to the average comp) is a meaningful differentiator in this price range. Built in 1950, this home is 30 years older than the average comp, which is reflected in the adjustments. The active market in 76577 includes 3 comparable homes priced from $139,900 to $214,900. Recent trends in 76577 show home values have risen 5.5% since 6 months ago. The most comparable recent sale is 202 Mary ST, Thorndale TX 76577, with an adjusted value of $67,879; a strong comparable. With 7 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