672 S Leon ST, Giddings TX 78942

The market data from 7 similar recent sales in 78942 points to a value of approximately $178,723. To sell within a reasonable timeframe at fair market value, the $197,000 to $199,000 range is where I'd position this. Against 5 similar active listings in 78942, this price point lands at the 3rd most expensive of 5 comparable homes on the market. Being 389 sqft smaller than the average comparable sale in this area impacts the per square foot value. The 1954 construction puts this home 8 years older than the comp average, a factor in the pricing. With 5 similar homes currently listed in 78942 (a buyer's market), competition is a factor to consider. In 78942, home values have fallen approximately 8.6% over the past 6 months. One of the strongest data points is 1346 FM 448, Giddings TX 78942, adjusting to $124,416; 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