Reviewing the most recent comparable transactions, this home's market value falls around $334,174. For a well positioned listing in 78606, I'd target the $324,000 to $344,000 range. Among the similar homes currently available in 78606, this price point stands out as competitive. The 1948 construction puts this home 44 years older than the comp average, a factor in the pricing. At 30.57 acres, the lot is larger than the 1.30 acre comp average, which factors into pricing. 1 similar homes are currently available in 78606, creating a buyer's market for this price range. Recent trends in 78606 show home values have risen 31.2% since 6 months ago. The most comparable recent sale is 1004 12th ST, Blanco TX 78606, with an adjusted value of $396,184; with a smaller floor plan. 7 comparable transactions in 78606 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