505 N 2nd ST, Thorndale TX 76577

Based on what similar homes have actually sold for within half a mile, I'd place this property's value at $218,335. I'd recommend coming to market at $157,000 to $167,000 to strike the right balance between value and market velocity. With 3 comparable homes on the market in 76577, this price positions the property as the 2nd most expensive of 3 comparable homes on the market. Built in 1930, this home is 15 years older than the average comp, which is reflected in the adjustments. The 0.34 acre lot (larger than the 0.28 acre average) is reflected in the estimate. Buyers in 76577 have 3 comparable options right now, with asking prices between $155,000 and $389,950. The trend in 76577 shows prices have fallen 0.9% in the past 6 months. 106 Frederick LN, Thorndale TX 76577 nearby adjusts to $220,398; a strong comparable. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group