739 E Richmond ST, Giddings TX 78942

Based on what similar homes have actually sold for within half a mile, I'd place this property's value at $117,130. I'd recommend coming to market at $75,000 to $85,000 to strike the right balance between value and market velocity. Among the similar homes currently available in 78942, this price point stands out as competitive. This home's smaller footprint (137 sqft vs the comp average) plays a role in how the market prices it. Built in 1950, this home is 13 years older than the average comp, which is reflected in the adjustments. Right now, 4 similar properties are competing for buyers in 78942, listed between $74,999 and $203,000. The trend in 78942 shows prices have fallen 8.9% in the past 6 months. 540 W Hempstead ST, Giddings TX 78942 nearby adjusts to $66,880; a strong comparable. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group