242 Munson ST, Tow TX 78672

The market data from 7 similar recent sales in BUCHANAN LAKE points to a value of approximately $214,588. To sell within a reasonable timeframe at fair market value, the $225,000 to $299,000 range is where I'd position this. At this price, the property would be no active comparable homes on the market comparable homes currently on the market in BUCHANAN LAKE. This home's smaller footprint (461 sqft vs the comp average) plays a role in how the market prices it. The 1972 construction puts this home 6 years older than the comp average, a factor in the pricing. In BUCHANAN LAKE, home values have risen approximately 63.8% over the past 6 months. One of the strongest data points is 289 Ballard ST, Tow TX 78672, adjusting to $117,222; 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