1365 Norma LN, Tow TX 78672

Reviewing the most recent comparable transactions, this home's market value falls around $247,514. For a well positioned listing in BUCHANAN LAKE, I'd target the $243,000 to $252,000 range. At this price, the property would be below the only comparable home currently on the market comparable homes currently on the market in BUCHANAN LAKE. This home's smaller footprint (304 sqft vs the comp average) plays a role in how the market prices it. At 0.25 acres, the lot is smaller than the 0.42 acre comp average, which factors into pricing. The active market in BUCHANAN LAKE includes 1 comparable homes priced from $525,000 to $525,000. Recent trends in BUCHANAN LAKE show home values have fallen 31.7% since 6 months ago. The most comparable recent sale is 1365 Norma LN, Tow TX 78672, with an adjusted value of $225,647; a strong comparable. 7 comparable transactions in BUCHANAN LAKE support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group