587 N Joekel Ave, Giddings TX 78942

The market data from 7 similar recent sales in HICKORY CREEK points to a value of approximately $317,393. To sell within a reasonable timeframe at fair market value, the $94,000 to $104,000 range is where I'd position this. With 7 comparable homes on the market in HICKORY CREEK, this price positions the property as the 3rd most expensive of 7 comparable homes on the market. The 2002 construction puts this home 14 years newer than the comp average, a factor in the pricing. At 0.15 acres, the lot is smaller than the 0.54 acre comp average, which factors into pricing. Current inventory shows 7 comparable homes in HICKORY CREEK; a buyer's market based on recent absorption. In 78942, home values have fallen approximately 8.6% over the past 6 months. One of the strongest data points is 475 N Joekel Ave, Giddings TX 78942, adjusting to $312,225; with a larger floor plan. 7 comparable transactions in HICKORY CREEK 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