408 County Road 436, Thorndale TX 76577

Reviewing the most recent comparable transactions, this home's market value falls around $457,070. For a well positioned listing in 76577, I'd target the $328,000 to $338,000 range. With 7 comparable homes on the market in 76577, this price positions the property as the most expensive of 7 comparable homes on the market. The 2009 construction puts this home 13 years older than the comp average, a factor in the pricing. At 5.00 acres, the lot is larger than the 0.99 acre comp average, which factors into pricing. There are currently 7 similar homes on the market in 76577, ranging from $310,000 to $515,000. Recent trends in 76577 show home values have risen 2.7% since 6 months ago. The most comparable recent sale is 604 Gauge RD, Thorndale TX 76577, with an adjusted value of $400,785; 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