301 S Johnson Ave, Thorndale TX 76577

The market data from 7 similar recent sales in 76577 points to a value of approximately $246,075. To sell within a reasonable timeframe at fair market value, the $208,000 to $218,000 range is where I'd position this. With 3 comparable homes on the market in 76577, this price positions the property as the most expensive of 3 comparable homes on the market. The 1979 construction puts this home 14 years newer than the comp average, a factor in the pricing. At 0.17 acres, the lot is smaller than the 3.02 acre comp average, which factors into pricing. With 3 similar homes currently listed in 76577 (a buyer's market), competition is a factor to consider. In 76577, home values have risen approximately 3.1% over the past 6 months. One of the strongest data points is 100 E Clement ST, Thorndale TX 76577, adjusting to $273,796; a strong comparable. 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