3038 Fm 2440, Giddings TX 78942

After reviewing 7 recent transactions in 78942, I estimate this property's value at $379,508. A competitive list price for this home right now would fall in the $94,000 to $104,000 range. Relative to what's currently available in 78942, this home would be the most expensive of 4 comparable homes on the market. The smaller lot (1.54 acres versus the area average of 2.22) contributes to the valuation. Current inventory shows 4 comparable homes in 78942; a buyer's market based on recent absorption. Prices in 78942 have fallen 9.3% over the last 6 months. A similar home at 850 Whispering Oaks DR, Giddings TX 78942 carries an adjusted comparable value of $344,862, providing a strong data point. The comp data here (7 sales in 78942) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus