13 Cotton Gin RD, Uhland TX 78640

Based on 7 closed sales in 78640, the data points to a value around $301,061 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $306,000 to $307,000. This pricing would rank the home as the 3rd most expensive of 7 comparable homes on the market in 78640's current inventory. Being built in 1950 (76 years older than comps) is factored into the value estimate. Lot size matters here: 13.61 acres versus 0.13 for the typical comp. With 7 similar homes currently listed in 78640 (a buyer's market), competition is a factor to consider. Market data shows 78640 prices fallen 4.6% over the last half year. The closest comparable sale, 181 Morett DR, Uhland TX 78640 at an adjusted $282,716, is a strong comparable. The strength of this estimate comes from 7 directly comparable sales in 78640. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group