923 Cozy LN, Tow TX 78672

My analysis of 7 comparable properties puts this home's estimated value at $310,299. Based on how the local market is moving, a list price between $184,000 and $194,000 would position this home well. Buyers shopping in BUCHANAN LAKE right now would see this as a well positioned option among 4 comparable homes. At 5 years older than typical comps, the 1973 build date influences the valuation. The larger lot (0.47 acres versus the area average of 0.39) contributes to the valuation. Current inventory shows 4 comparable homes in BUCHANAN LAKE; a buyer's market based on recent absorption. The 6 month price trend in 78672: risen 61.5%. The best comp here is 1715 Buckwheat DR, Tow TX 78672 at an adjusted value of $239,625, a strong comparable. 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