12551 & 12553 Glass RD, Buda TX 78610

The estimated value of this property is $309,049, based on 7 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $192,000 and $202,000. In the current 78610 market with 7 similar homes available, this price represents the 4th most expensive of 7 comparable homes on the market. Built in 1928, this home is 92 years older than the average comp, which is reflected in the adjustments. The 20.83 acre lot (larger than the 0.19 acre average) is reflected in the estimate. Current inventory shows 7 comparable homes in 78610; a buyer's market based on recent absorption. Recent trends in 78610 show home values have fallen 11.5% since 6 months ago. The most comparable recent sale is 13419 Derby Ride DR, Buda TX 78610, with an adjusted value of $287,281; a strong comparable. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group