1306 Sleepy LN, Tow TX 78672

Reviewing the most recent comparable transactions, this home's market value falls around $309,014. For a well positioned listing in BUCHANAN LAKE, I'd target the $300,000 to $318,000 range. Among the similar homes currently available in BUCHANAN LAKE, this price point stands out as competitive. The 1960 construction puts this home 15 years older than the comp average, a factor in the pricing. At 0.27 acres, the lot is smaller than the 0.38 acre comp average, which factors into pricing. Current inventory shows 1 comparable homes in BUCHANAN LAKE; a buyer's market based on recent absorption. Recent trends in BUCHANAN LAKE show home values have risen 63.8% since 6 months ago. The most comparable recent sale is 1638 Breeze WAY, Tow TX 78672, with an adjusted value of $418,116; 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