950 Lakeview DR, Tow TX 78672

The market data from 7 similar recent sales in BUCHANAN LAKE points to a value of approximately $271,363. To sell within a reasonable timeframe at fair market value, the $198,000 to $208,000 range is where I'd position this. Against 3 similar active listings in BUCHANAN LAKE, this price point lands at the most expensive of 3 comparable homes on the market. The smaller floor plan (104 sqft compared to the average comp) is a meaningful differentiator in this price range. At 0.26 acres, the lot is smaller than the 0.33 acre comp average, which factors into pricing. The active market in BUCHANAN LAKE includes 3 comparable homes priced from $175,000 to $265,000. In BUCHANAN LAKE, home values have risen approximately 63.8% over the past 6 months. One of the strongest data points is 827 Wade ST, Tow TX 78672, adjusting to $163,849; 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