107 N 5th ST, Thorndale TX 76577

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $292,794. To generate strong buyer interest while maximizing value, I'd price this between $322,000 and $365,000. With 3 comparable homes on the market in 76577, this price positions the property as the most affordable of 3 comparable homes on the market. At 235 sqft smaller than the typical comp, the size difference factors into the valuation. The 1969 construction puts this home 26 years older than the comp average, a factor in the pricing. 3 similar homes are currently available in 76577, creating a buyer's market for this price range. The trend in 76577 shows prices have risen 4% in the past 6 months. 106 Frederick LN, Thorndale TX 76577 nearby adjusts to $253,479; a strong comparable. 7 comparable transactions in 76577 support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group