1016 Private Road 1412, Giddings TX 78942

The market data from 7 similar recent sales in 78942 points to a value of approximately $309,923. To sell within a reasonable timeframe at fair market value, the $207,000 to $217,000 range is where I'd position this. With 7 comparable homes on the market in 78942, this price positions the property as the 2nd most expensive of 7 comparable homes on the market. The 1968 construction puts this home 18 years older than the comp average, a factor in the pricing. At 6.20 acres, the lot is larger than the 1.26 acre comp average, which factors into pricing. There are currently 7 similar homes on the market in 78942, ranging from $187,500 to $339,000. In 78942, home values have fallen approximately 7.4% over the past 6 months. One of the strongest data points is 393 N Manse Ave, Giddings TX 78942, adjusting to $283,744; with a larger floor plan. 7 comparable transactions in 78942 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