383 N Burleson ST, Giddings TX 78942

The market data from 3 similar recent sales in 78942 points to a value of approximately $250,478. To sell within a reasonable timeframe at fair market value, the $384,000 to $401,000 range is where I'd position this. At this price, the property would be the most affordable of 3 comparable homes on the market comparable homes currently on the market in 78942. The smaller floor plan (125 sqft compared to the average comp) is a meaningful differentiator in this price range. At 0.36 acres, the lot is larger than the 0.23 acre comp average, which factors into pricing. The active market in 78942 includes 3 comparable homes priced from $239,000 to $515,000. In 78942, home values have fallen approximately 1.6% over the past 6 months. One of the strongest data points is 347 Monroe ST, Giddings TX 78942, adjusting to $400,588; with a smaller floor plan. 3 comparable transactions in 78942 support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group