2187 W Highway 290, Giddings TX 78942

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $297,838. To generate strong buyer interest while maximizing value, I'd price this between $90,000 and $100,000. With 7 comparable homes on the market in 78942, this price positions the property as the 3rd most expensive of 7 comparable homes on the market. The 1978 construction puts this home 6 years older than the comp average, a factor in the pricing. At 0.45 acres, the lot is smaller than the 1.23 acre comp average, which factors into pricing. There are currently 7 similar homes on the market in 78942, ranging from $85,000 to $409,900. The trend in 78942 shows prices have fallen 8.6% in the past 6 months. 1367 County Road 217, Giddings TX 78942 nearby adjusts to $374,213; with a larger floor plan. 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