716 S Ellis ST, Giddings TX 78942

The estimated value of this property is $244,857, based on 3 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $89,000 and $99,000. At this price, the property would be the 3rd most expensive of 5 comparable homes on the market comparable homes currently on the market in 78942. This home's larger footprint (164 sqft vs the comp average) plays a role in how the market prices it. The 0.43 acre lot (larger than the 0.28 acre average) is reflected in the estimate. The active market in 78942 includes 5 comparable homes priced from $85,000 to $409,900. Recent trends in 78942 show home values have fallen 8.6% since 6 months ago. The most comparable recent sale is 389 W Richmond ST, Giddings TX 78942, with an adjusted value of $264,596; with a smaller floor plan and a pool. Based on 3 relevant data points in 78942, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX