552 N Madison ST, Giddings TX 78942

The market data from 3 similar recent sales in 78942 points to a value of approximately $160,632. To sell within a reasonable timeframe at fair market value, the $195,000 to $196,000 range is where I'd position this. In the current 78942 market with 3 similar homes available, this price represents the most affordable of 3 comparable homes on the market. The 151 sqft size difference versus comparable sales is reflected in the adjusted values. The 1968 construction puts this home 8 years newer than the comp average, a factor in the pricing. With 3 similar homes currently listed in 78942 (a buyer's market), competition is a factor to consider. In 78942, home values have fallen approximately 7.9% over the past 6 months. One of the strongest data points is 875 E Brenham ST, Giddings TX 78942, adjusting to $168,519; a strong comparable. 3 comparable transactions in 78942 support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group