142 N Montgomery Ave, Giddings TX 78942

The estimated value of this property is $193,147, based on 7 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $203,000 and $204,000. In the current 78942 market with 4 similar homes available, this price represents the 2nd most expensive of 4 comparable homes on the market. The smaller floor plan (133 sqft compared to the average comp) is a meaningful differentiator in this price range. The 0.26 acre lot (smaller than the 0.32 acre average) is reflected in the estimate. 4 similar homes are currently available in 78942, creating a buyer's market for this price range. Recent trends in 78942 show home values have fallen 8.6% since 6 months ago. The most comparable recent sale is 1346 FM 448, Giddings TX 78942, with an adjusted value of $125,721; a strong comparable. 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