233 Globe Hill RD, Giddings TX 78942

My analysis of 7 comparable properties puts this home's estimated value at $253,407. Based on how the local market is moving, a list price between $279,000 and $379,000 would position this home well. This home's position in the current 78942 market: the 2nd most expensive of 3 comparable homes on the market among comparable properties. Being 751 sqft larger than the average comparable sale in this area impacts the per square foot value. The larger lot (3.81 acres versus the area average of 0.34) contributes to the valuation. Right now, 3 similar properties are competing for buyers in 78942, listed between $265,000 and $695,000. The 6 month price trend in 78942: fallen 8.6%. The best comp here is 347 Monroe ST, Giddings TX 78942 at an adjusted value of $466,726, with a smaller floor plan. With 7 comparable sales in 78942, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group