1216 Arch Terrace DR, Troy TX 76579

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $239,276. To generate strong buyer interest while maximizing value, I'd price this between $232,000 and $246,000. Against 2 similar active listings in 76579, this price point lands at the most expensive of 2 comparable homes on the market. Being 116 sqft larger than the average comparable sale in this area impacts the per square foot value. At 0.24 acres, the lot is larger than the 0.18 acre comp average, which factors into pricing. Right now, 2 similar properties are competing for buyers in 76579, listed between $219,990 and $254,990. The trend in 76579 shows prices have fallen 6.9% in the past 6 months. 301 State LOOP, Troy TX 76579 nearby adjusts to $240,016; a strong comparable. 3 comparable transactions in 76579 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