956 Lost Acres LOOP, Blanco TX 78606

The market data from 7 similar recent sales in 78606 points to a value of approximately $426,626. To sell within a reasonable timeframe at fair market value, the $222,000 to $232,000 range is where I'd position this. Against 3 similar active listings in 78606, this price point lands at the most expensive of 3 comparable homes on the market. This home's smaller footprint (393 sqft vs the comp average) plays a role in how the market prices it. At 8.76 acres, the lot is larger than the 2.17 acre comp average, which factors into pricing. There are currently 3 similar homes on the market in 78606, ranging from $249,500 to $799,000. In 78606, home values have risen approximately 31.2% over the past 6 months. One of the strongest data points is 633 Academy ST, Blanco TX 78606, adjusting to $294,280; a strong comparable. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group