115 Railroad ST, Buda TX 78610

After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $303,424. Pricing this home between $246,000 and $256,000 would put it in the competitive sweet spot for SEVERN II. This home's position in the current SEVERN II market: the most expensive of 7 comparable homes on the market among comparable properties. At 68 years older than typical comps, the 1950 build date influences the valuation. The larger lot (0.20 acres versus the area average of 0.11) contributes to the valuation. With 7 similar homes currently listed in SEVERN II (a buyer's market), competition is a factor to consider. Market data shows 78610 prices fallen 9.2% over the last half year. The closest comparable sale, 124 Blossom Valley STRM, Buda TX 78610 at an adjusted $240,281, is a strong comparable. With 7 comparable sales in SEVERN II, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group