16413 Sherman ST, Volente TX 78641

The estimated value of this property is $1,546,385, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $2,229,000 and $2,391,000. In the current 78641 market with 3 similar homes available, this price represents the most affordable of 3 comparable homes on the market. The 917 sqft size difference versus comparable sales is reflected in the adjusted values. Built in 2001, this home is 10 years older than the average comp, which is reflected in the adjustments. Current inventory shows 3 comparable homes in 78641; a buyer's market based on recent absorption. Recent trends in 78641 show home values have fallen 0.9% since 6 months ago. The most comparable recent sale is 8416 Lime Creek RD, Volente TX 78641, with an adjusted value of $3,019,349; with a larger floor plan and a pool. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group