196 Clark LN, Giddings TX 78942

The market data from 7 similar recent sales in 78942 points to a value of approximately $231,824. To sell within a reasonable timeframe at fair market value, the $67,000 to $77,000 range is where I'd position this. At this price, the property would be the 3rd most expensive of 6 comparable homes on the market comparable homes currently on the market in 78942. The 1972 construction puts this home 9 years older than the comp average, a factor in the pricing. At 0.98 acres, the lot is larger than the 0.63 acre comp average, which factors into pricing. With 6 similar homes currently listed in 78942 (a buyer's market), competition is a factor to consider. In 78942, home values have fallen approximately 7.9% over the past 6 months. One of the strongest data points is 751 N Burleson ST, Giddings TX 78942, adjusting to $203,272; a strong comparable. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group