1323 E Hempstead ST, Giddings TX 78942

The estimated value of this property is $192,974, based on 7 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $210,000 and $216,000. Against 4 similar active listings in 78942, this price point lands at the 2nd least expensive of 4 comparable homes on the market. Built in 1947, this home is 12 years older than the average comp, which is reflected in the adjustments. The 0.33 acre lot (larger than the 0.29 acre average) is reflected in the estimate. Buyers in 78942 have 4 comparable options right now, with asking prices between $186,000 and $225,000. Recent trends in 78942 show home values have fallen 8.6% since 6 months ago. The most comparable recent sale is 385 S Caldwell ST, Giddings TX 78942, with an adjusted value of $200,551; with a larger floor plan. Based on 7 relevant data points in 78942, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX