508 Alva ST, Thrall TX 76578

Based on what similar homes have actually sold for within half a mile, I'd place this property's value at $213,839. I'd recommend coming to market at $238,000 to $309,000 to strike the right balance between value and market velocity. At this price, the property would be the most affordable of 2 comparable homes on the market comparable homes currently on the market in OIL CITY. The smaller floor plan (184 sqft compared to the average comp) is a meaningful differentiator in this price range. Built in 1950, this home is 54 years older than the average comp, which is reflected in the adjustments. With 2 similar homes currently listed in OIL CITY (a buyer's market), competition is a factor to consider. The trend in 76578 shows prices have fallen 2.9% in the past 6 months. 306 Lydia LN, Thrall TX 76578 nearby adjusts to $207,951; a strong comparable. 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