971 S Navarro ST, Giddings TX 78942

Reviewing the most recent comparable transactions, this home's market value falls around $219,308. For a well positioned listing in 78942, I'd target the $170,000 to $180,000 range. In the current 78942 market with 5 similar homes available, this price represents the 2nd most expensive of 5 comparable homes on the market. Being 352 sqft smaller than the average comparable sale in this area impacts the per square foot value. The 2007 construction puts this home 11 years newer than the comp average, a factor in the pricing. Current inventory shows 5 comparable homes in 78942; a buyer's market based on recent absorption. Recent trends in 78942 show home values have fallen 8.6% since 6 months ago. The most comparable recent sale is 688 Rolling Oaks DR, Giddings TX 78942, with an adjusted value of $226,468; a strong comparable. 7 comparable transactions in 78942 support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group