486 E Galveston ST, Giddings TX 78942

Based on 7 closed sales in 78942, the data points to a value around $161,430 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $132,000 to $142,000. Buyers shopping in 78942 right now would see this as a well positioned option among 5 comparable homes. At 324 sqft smaller than the typical comp, the size difference factors into the valuation. Being built in 1953 (5 years older than comps) is factored into the value estimate. With 5 similar homes currently listed in 78942 (a buyer's market), competition is a factor to consider. Market data shows 78942 prices fallen 7.9% over the last half year. The closest comparable sale, 875 E Brenham ST, Giddings TX 78942 at an adjusted $180,752, is with a smaller floor plan. This estimate draws on 7 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus