205 E Michalk ST, Thorndale TX 76577

Reviewing the most recent comparable transactions, this home's market value falls around $200,531. For a well positioned listing in 76577, I'd target the $254,000 to $257,000 range. At this price, the property would be no active comparable homes on the market comparable homes currently on the market in 76577. The smaller floor plan (1,055 sqft compared to the average comp) is a meaningful differentiator in this price range. The 2017 construction puts this home 31 years newer than the comp average, a factor in the pricing. Recent trends in 76577 show home values have fallen 1.4% since 6 months ago. The most comparable recent sale is 204 Roepke ST, Thorndale TX 76577, with an adjusted value of $177,248; with a larger floor plan. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group