306 W Moerbe, Thorndale TX 76577

The market data from 7 similar recent sales in 76577 points to a value of approximately $311,093. To sell within a reasonable timeframe at fair market value, the $208,000 to $218,000 range is where I'd position this. In the current 76577 market with 2 similar homes available, this price represents the most expensive of 2 comparable homes on the market. This home's smaller footprint (243 sqft vs the comp average) plays a role in how the market prices it. At 0.50 acres, the lot is larger than the 0.33 acre comp average, which factors into pricing. With 2 similar homes currently listed in 76577 (a buyer's market), competition is a factor to consider. In 76577, home values have risen approximately 5.5% over the past 6 months. One of the strongest data points is 804 Gauge RD, Thorndale TX 76577, adjusting to $318,598; with a larger floor plan. 7 comparable transactions in 76577 support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group