1205 Arch Terrace DR, Troy TX 76579

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $206,307. I'd recommend coming to market at $200,000 to $212,000 to strike the right balance between value and market velocity. With 2 comparable homes on the market in 76579, this price positions the property as the most affordable of 2 comparable homes on the market. The smaller floor plan (142 sqft compared to the average comp) is a meaningful differentiator in this price range. The 0.40 acre lot (larger than the 0.23 acre average) is reflected in the estimate. There are currently 2 similar homes on the market in 76579, ranging from $212,000 to $249,990. The trend in 76579 shows prices have risen 1% in the past 6 months. 301 State LOOP, Troy TX 76579 nearby adjusts to $224,561; a strong comparable. Based on 3 relevant data points in 76579, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX