1314 Parkway, Tow TX 78672

After reviewing 7 recent transactions in BUCHANAN LAKE, I estimate this property's value at $307,645. A competitive list price for this home right now would fall in the $406,000 to $453,000 range. Relative to what's currently available in BUCHANAN LAKE, this home would be the most affordable of 2 comparable homes on the market. At 19 years newer than typical comps, the 1993 build date influences the valuation. Current inventory shows 2 comparable homes in BUCHANAN LAKE; a buyer's market based on recent absorption. Prices in BUCHANAN LAKE have risen 63.8% over the last 6 months. A similar home at 200 Lakeshore LOOP, Tow TX 78672 carries an adjusted comparable value of $243,534, providing a strong data point. With 7 comparable sales in BUCHANAN LAKE, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group