204 Hammons ST, Tow TX 78672

After reviewing 7 recent transactions in BUCHANAN LAKE, I estimate this property's value at $249,729. A competitive list price for this home right now would fall in the $242,000 to $257,000 range. This home's position in the current BUCHANAN LAKE market: below the only comparable home currently on the market among comparable properties. This home's larger footprint (524 sqft vs the comp average) plays a role in how the market prices it. At 13 years newer than typical comps, the 1993 build date influences the valuation. Right now, 1 similar properties are competing for buyers in BUCHANAN LAKE, listed between $699,000 and $699,000. Prices in BUCHANAN LAKE have fallen 73.8% over the last 6 months. A similar home at 835 Whited ST, Tow TX 78672 carries an adjusted comparable value of $89,068, 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