818 E Hempstead 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 $292,477. I'd recommend coming to market at $351,000 to $406,000 to strike the right balance between value and market velocity. Against 5 similar active listings in 78942, this price point lands at the 3rd most expensive of 5 comparable homes on the market. The larger floor plan (597 sqft compared to the average comp) is a meaningful differentiator in this price range. Built in 1892, this home is 77 years older than the average comp, which is reflected in the adjustments. There are currently 5 similar homes on the market in 78942, ranging from $259,000 to $695,000. The trend in 78942 shows prices have fallen 8.6% in the past 6 months. 631 S Harris ST, Giddings TX 78942 nearby adjusts to $128,250; with a larger floor plan. Based on 7 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