146 Hammons ST, Tow TX 78672

Reviewing the most recent comparable transactions, this home's market value falls around $259,857. For a well positioned listing in BUCHANAN LAKE, I'd target the $213,000 to $223,000 range. With 3 comparable homes on the market in BUCHANAN LAKE, this price positions the property as the most expensive of 3 comparable homes on the market. The smaller floor plan (290 sqft compared to the average comp) is a meaningful differentiator in this price range. The 1973 construction puts this home 5 years older than the comp average, a factor in the pricing. With 3 similar homes currently listed in BUCHANAN LAKE (a buyer's market), competition is a factor to consider. Recent trends in BUCHANAN LAKE show home values have risen 22.8% since 6 months ago. The most comparable recent sale is 1638 Breeze WAY, Tow TX 78672, with an adjusted value of $395,158; with a larger floor plan. 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