204 E Sheldon Ave, Thrall TX 76578

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $219,971. I'd recommend coming to market at $213,000 to $227,000 to strike the right balance between value and market velocity. With 1 comparable homes on the market in OIL CITY, this price positions the property as below the only comparable home currently on the market. Being 427 sqft smaller than the average comparable sale in this area impacts the per square foot value. Built in 1965, this home is 32 years older than the average comp, which is reflected in the adjustments. 1 similar homes are currently available in OIL CITY, creating a buyer's market for this price range. The trend in 76578 shows prices have fallen 32.2% in the past 6 months. 506 S Main ST, Thrall TX 76578 nearby adjusts to $221,110; with a smaller floor plan. 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