102 W Gibson ST, Thorndale TX 76577

The estimated value of this property is $194,994, based on 7 comparable sales within half a mile. In today's market, I'd bring this home to market somewhere between $216,000 and $227,000. With 2 comparable homes on the market in 76577, this price positions the property as the most expensive of 2 comparable homes on the market. The smaller floor plan (291 sqft compared to the average comp) is a meaningful differentiator in this price range. The 0.13 acre lot (smaller than the 0.28 acre average) is reflected in the estimate. The active market in 76577 includes 2 comparable homes priced from $195,500 to $214,900. Recent trends in 76577 show home values have fallen 0.9% since 6 months ago. The most comparable recent sale is 202 Mary ST, Thorndale TX 76577, with an adjusted value of $67,893; 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