2506 Post Oak RD, Webberville TX 78653

The market data from 7 similar recent sales in OWEN ACRES points to a value of approximately $340,228. To sell within a reasonable timeframe at fair market value, the $274,000 to $284,000 range is where I'd position this. With 3 comparable homes on the market in OWEN ACRES, this price positions the property as the 2nd most expensive of 3 comparable homes on the market. At 500 sqft smaller than the typical comp, the size difference factors into the valuation. The 2002 construction puts this home 10 years newer than the comp average, a factor in the pricing. Current inventory shows 3 comparable homes in OWEN ACRES; a buyer's market based on recent absorption. In 78653, home values have risen approximately 0.8% over the past 6 months. One of the strongest data points is 3122 River RD, Cedar Creek TX 78612, adjusting to $268,748; a strong comparable. 7 comparable transactions in OWEN ACRES 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