profile picture

Gaut Appraisal Blog

Timbercreek Canyon TX Real Estate Appraisal Focus
March 25th, 2013 9:01 PM

Timbercreek is a small village in Randall County, Texas with a single neighborhood and is rated as the 969th largest community in Texas with a population of about 448. Real estate values in the locality are just about the most expensive in the entire state of Texas but that does not compare to some of the expensive real estate properties countrywide. 

Image at
Workforce is mixed as both blue-collar and white-collar jobs have dominated the skills statistics in the area and mean income for each household is about $69,250. About 15.57% of the population is involved in management occupations, 10.51% in sales and 9.23% in administrative and office support. It has one of the largest populations involved in telecommuting jobs that is 7.49%, which is high relative to the national statistics. Half of the Timbercreek Canyon population spends 22 minutes or more commuting to work.

The average age of homes is 19 years, 60% of owned, 24% rented, while 15% are not occupied. The median price upon sales of many homes in Timbercreek Canyon is $194,009 in the recent years. Median home appreciation is 2.64% as of last year with most of them ranging between 2 and 3 bedrooms each. In order to get the true value of the home it is vital to hire professionals to ensure that the real estate sale price is in tandem with the current market rates carry out an appraisal.

The appraisal report contains details such as a brief description of neighborhood, evaluation of the locality’s real estate market, a list of major problems of the property likely to affect its value and an estimated time of how long it will take to sell the property. The report essentially compares the home to the value of similar homes that have been sold in the recent past and differs from an inspection report in that it does not look into how structural sound the home is. It is a vital document to ensure that the asking price is fair to avoid chances of the deal falling through or even forced reduction by the seller of the property’s value.

Amarillo TX Appraisal CompanyJohn B. Dudley, SRA is an SRA-designated commercial and residential appraiser, with 35 years experience. serving the Texas pandhandle, including Amarillo TX Canyon TX Hereford TX Pampa TX Dumas TX Panhandle TX Borger TX Claude TX Dalhart TX Friona TX.
Panhandle Real Estate Appraiser Search Subscribe Dumas TX Appraisal Pampa TX Appraiser RSS Share Share Search Commercial Appraiser - FHA - Estate Trust Legal Divorce Litigation Dispute Facebook Panhandle Appraisal Tax Appeal Assessment Challenge PMI Removal FSBO Mortgage Twitter

Posted in:General
Posted by John Dudley on March 25th, 2013 9:01 PMPost a Comment

Subscribe to this blog



My Favorite Blogs:

Sites That Link to This Blog: