495 S Johnson Ave, Giddings TX 78942

Based on 7 closed sales in 78942, the data points to a value around $394,829 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $309,000 to $319,000. Relative to what's currently available in 78942, this home would be the 2nd least expensive of 5 comparable homes on the market. A pool adds market appeal. Only 7 minus 4 of the comps had one. Being built in 1972 (21 years older than comps) is factored into the value estimate. 5 similar homes are currently available in 78942, creating a buyer's market for this price range. Market data shows 78942 prices fallen 7.9% over the last half year. The closest comparable sale, 1247 S Leon ST, Giddings TX 78942 at an adjusted $326,795, is a strong comparable. The strength of this estimate comes from 7 directly comparable sales in 78942. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group