408 N 2nd ST, Thorndale TX 76577

The market data from 3 similar recent sales in 76577 points to a value of approximately $225,748. To sell within a reasonable timeframe at fair market value, the $225,000 to $236,000 range is where I'd position this. Against 3 similar active listings in 76577, this price point lands at the most expensive of 3 comparable homes on the market. The larger floor plan (187 sqft compared to the average comp) is a meaningful differentiator in this price range. The 1940 construction puts this home 5 years older than the comp average, a factor in the pricing. The active market in 76577 includes 3 comparable homes priced from $195,500 to $325,000. In 76577, home values have risen approximately 4.7% over the past 6 months. One of the strongest data points is 207 N Main ST, Thorndale TX 76577, adjusting to $236,063; a strong comparable. The 3 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