208 N Broadway ST, Thorndale TX 76577

After reviewing 7 recent transactions in 76577, I estimate this property's value at $202,238. A competitive list price for this home right now would fall in the $228,000 to $248,000 range. This home's position in the current 76577 market: the 2nd most expensive of 3 comparable homes on the market among comparable properties. At 9 years older than typical comps, the 1945 build date influences the valuation. The larger lot (0.42 acres versus the area average of 0.27) contributes to the valuation. Current inventory shows 3 comparable homes in 76577; a buyer's market based on recent absorption. Prices in 76577 have risen 4.7% over the last 6 months. A similar home at 207 N Main ST, Thorndale TX 76577 carries an adjusted comparable value of $247,510, providing a strong data point. With 7 comparable sales in 76577, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group