353 E HOUSTON ST, Giddings TX 78942

Reviewing the most recent comparable transactions, this home's market value falls around $183,962. For a well positioned listing in 78942, I'd target the $98,000 to $108,000 range. With 3 comparable homes on the market in 78942, this price positions the property as the 0th most expensive of 3 comparable homes on the market. This home's smaller footprint (815 sqft vs the comp average) plays a role in how the market prices it. At 0.13 acres, the lot is smaller than the 0.34 acre comp average, which factors into pricing. Current inventory shows 3 comparable homes in 78942; a buyer's market based on recent absorption. Recent trends in 78942 show home values have fallen 3.6% since 6 months ago. The most comparable recent sale is 713 N Polk ST, Giddings TX 78942, with an adjusted value of $171,180; 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