410 N GRIMES ST, Giddings TX 78942

After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $181,574. Pricing this home between $212,000 and $216,000 would put it in the competitive sweet spot for 78942. This home's position in the current 78942 market: the most affordable of 3 comparable homes on the market among comparable properties. The smaller floor plan (319 sqft compared to the average comp) is a meaningful differentiator in this price range. The smaller lot (0.26 acres versus the area average of 0.33) contributes to the valuation. Current inventory shows 3 comparable homes in 78942; a buyer's market based on recent absorption. Market data shows 78942 prices fallen 8.6% over the last half year. The closest comparable sale, 751 N Burleson ST, Giddings TX 78942 at an adjusted $160,172, is with a larger 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