205 N 4th ST, Thorndale TX 76577

The estimated value of this property is $224,604, based on 7 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $148,000 and $158,000. With 4 comparable homes on the market in 76577, this price positions the property as the 2nd most expensive of 4 comparable homes on the market. The smaller floor plan (228 sqft compared to the average comp) is a meaningful differentiator in this price range. Built in 1963, this home is 18 years older than the average comp, which is reflected in the adjustments. There are currently 4 similar homes on the market in 76577, ranging from $155,000 to $325,000. Recent trends in 76577 show home values have risen 3.1% since 6 months ago. The most comparable recent sale is 207 N Main ST, Thorndale TX 76577, with an adjusted value of $257,737; with a larger floor plan. 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