510 E Hempstead ST, Giddings TX 78942

After reviewing 7 recent transactions in 78942, I estimate this property's value at $176,950. A competitive list price for this home right now would fall in the $199,000 to $212,000 range. This home's position in the current 78942 market: the 2nd least expensive of 5 comparable homes on the market among comparable properties. At 9 years older than typical comps, the 1950 build date influences the valuation. The smaller lot (0.26 acres versus the area average of 0.31) contributes to the valuation. 5 similar homes are currently available in 78942, creating a buyer's market for this price range. Prices in 78942 have fallen 8.6% over the last 6 months. A similar home at 1346 FM 448, Giddings TX 78942 carries an adjusted comparable value of $113,382, providing a strong data point. The comp data here (7 sales in 78942) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus