587 N Leon ST, Giddings TX 78942

Reviewing the most recent comparable transactions, this home's market value falls around $182,027. For a well positioned listing in 78942, I'd target the $67,000 to $77,000 range. Against 7 similar active listings in 78942, this price point lands at the 2nd least expensive of 7 comparable homes on the market. The 1891 construction puts this home 90 years older than the comp average, a factor in the pricing. At 0.13 acres, the lot is smaller than the 0.63 acre comp average, which factors into pricing. There are currently 7 similar homes on the market in 78942, ranging from $85,000 to $339,900. Recent trends in 78942 show home values have fallen 8.6% since 6 months ago. The most comparable recent sale is 751 N Burleson ST, Giddings TX 78942, with an adjusted value of $147,982; a strong comparable. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group