1128 Kay ST, Giddings TX 78942

After reviewing 3 recent transactions in SHADY OAKS ESTATES, I estimate this property's value at $318,417. A competitive list price for this home right now would fall in the $241,000 to $251,000 range. This home's position in the current SHADY OAKS ESTATES market: the 3rd least expensive of 7 comparable homes on the market among comparable properties. This home's larger footprint (226 sqft vs the comp average) plays a role in how the market prices it. The larger lot (0.29 acres versus the area average of 0.25) contributes to the valuation. There are currently 7 similar homes on the market in SHADY OAKS ESTATES, ranging from $259,000 to $515,000. Prices in 78942 have fallen 8.6% over the last 6 months. A similar home at 850 Whispering Oaks DR, Giddings TX 78942 carries an adjusted comparable value of $337,735, providing a strong data point. The comp data here (3 sales in SHADY OAKS ESTATES) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus