205 Gibson ST W, Thorndale TX 76577

After reviewing 3 recent transactions in 76577, I estimate this property's value at $280,569. A competitive list price for this home right now would fall in the $275,000 to $286,000 range. This home's position in the current 76577 market: the 2nd most expensive of 4 comparable homes on the market among comparable properties. This home's smaller footprint (185 sqft vs the comp average) plays a role in how the market prices it. The larger lot (0.42 acres versus the area average of 0.31) contributes to the valuation. 4 similar homes are currently available in 76577, creating a buyer's market for this price range. Prices in 76577 have risen 1.1% over the last 6 months. A similar home at 106 Frederick LN, Thorndale TX 76577 carries an adjusted comparable value of $292,221, providing a strong data point. The comp data here (3 sales in 76577) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus