7405 Old Lockhart RD, Buda TX 78610

After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $392,647. Pricing this home between $550,000 and $803,000 would put it in the competitive sweet spot for MORA J. This pricing would rank the home as the 2nd least expensive of 7 comparable homes on the market in MORA J's current inventory. This home's larger footprint (1,256 sqft vs the comp average) plays a role in how the market prices it. At 46 years older than typical comps, the 1952 build date influences the valuation. There are currently 7 similar homes on the market in MORA J, ranging from $335,990 to $1,795,000. Market data shows 78610 prices fallen 8.9% over the last half year. The closest comparable sale, 7007 Gunsmoke CT, Buda TX 78610 at an adjusted $145,600, is with a smaller floor plan. With 7 comparable sales in MORA J, 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