307 Neill ST, Thrall TX 76578

The estimated value of this property is $219,576, based on 7 comparable sales within half a mile. In today's market, I'd bring this home to market somewhere between $147,000 and $157,000. In the current OIL CITY market with 1 similar homes available, this price represents below the only comparable home currently on the market. Being 618 sqft smaller than the average comparable sale in this area impacts the per square foot value. Built in 1955, this home is 44 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. Recent trends in 76578 show home values have fallen 31.5% since 6 months ago. The most comparable recent sale is 418 S Main ST, Thrall TX 76578, with an adjusted value of $307,473; with a larger floor plan. Based on 7 relevant data points in OIL CITY, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX