0 Railroad Ave, Thrall TX 76578

Reviewing the most recent comparable transactions, this home's market value falls around $273,623. For a well positioned listing in 76578, I'd target the $178,000 to $188,000 range. In the current 76578 market with 2 similar homes available, this price represents the most expensive of 2 comparable homes on the market. Being 229 sqft smaller than the average comparable sale in this area impacts the per square foot value. The 1997 construction puts this home 6 years older than the comp average, a factor in the pricing. With 2 similar homes currently listed in 76578 (a buyer's market), competition is a factor to consider. Recent trends in 76578 show home values have fallen 31.5% since 6 months ago. The most comparable recent sale is 306 Lydia LN, Thrall TX 76578, with an adjusted value of $255,765; 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