396 Ranch Road 3014, Tow TX 78672

The market data from 3 similar recent sales in 78672 points to a value of approximately $387,244. To sell within a reasonable timeframe at fair market value, the $390,000 to $401,000 range is where I'd position this. Against 0 similar active listings in 78672, this price point lands at no active comparable homes on the market. At 1,531 sqft smaller than the typical comp, the size difference factors into the valuation. The 1950 construction puts this home 33 years older than the comp average, a factor in the pricing. In 78672, home values have risen approximately 39% over the past 6 months. One of the strongest data points is 8164 Ranch Road 261, Buchanan Dam TX 78609, adjusting to $389,860; with a larger floor plan. 3 comparable transactions in 78672 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