7607 Old Lockhart RD, Buda TX 78610

The market data from 7 similar recent sales in MORA J points to a value of approximately $257,379. To sell within a reasonable timeframe at fair market value, the $279,000 to $280,000 range is where I'd position this. Against 7 similar active listings in MORA J, this price point lands at the most affordable of 7 comparable homes on the market. The 1994 construction puts this home 28 years older than the comp average, a factor in the pricing. At 8.04 acres, the lot is larger than the 0.22 acre comp average, which factors into pricing. The active market in MORA J includes 7 comparable homes priced from $281,990 to $294,990. In 78610, home values have fallen approximately 9.2% over the past 6 months. One of the strongest data points is 7007 Gunsmoke CT, Buda TX 78610, adjusting to $130,390; with a larger floor plan. 7 comparable transactions in MORA J 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