205 N 4th ST, Thorndale TX 76577

The estimated value of this property is $218,320, based on 7 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $134,000 and $144,000. With 5 comparable homes on the market in 76577, this price positions the property as the 2nd most expensive of 5 comparable homes on the market. The smaller floor plan (381 sqft compared to the average comp) is a meaningful differentiator in this price range. Built in 1963, this home is 34 years older than the average comp, which is reflected in the adjustments. There are currently 5 similar homes on the market in 76577, ranging from $139,900 to $325,000. Recent trends in 76577 show home values have risen 5.5% since 6 months ago. The most comparable recent sale is 106 Frederick LN, Thorndale TX 76577, with an adjusted value of $230,245; 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