395 Mayer LN, Giddings TX 78942

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $374,652. To generate strong buyer interest while maximizing value, I'd price this between $246,000 and $256,000. In the current 78942 market with 7 similar homes available, this price represents the 4th most expensive of 7 comparable homes on the market. The 140 sqft size difference versus comparable sales is reflected in the adjusted values. The 1978 construction puts this home 24 years older than the comp average, a factor in the pricing. Current inventory shows 7 comparable homes in 78942; a buyer's market based on recent absorption. The trend in 78942 shows prices have fallen 8.6% in the past 6 months. 850 Whispering Oaks DR, Giddings TX 78942 nearby adjusts to $368,523; with a smaller 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