107 S Ponton ST, Gonzales TX 78629

The estimated value of this property is $253,056, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $179,000 and $189,000. At this price, the property would be the 2nd most expensive of 4 comparable homes on the market comparable homes currently on the market in 78629. This home's smaller footprint (108 sqft vs the comp average) plays a role in how the market prices it. Built in 1955, this home is 34 years older than the average comp, which is reflected in the adjustments. 4 similar homes are currently available in 78629, creating a buyer's market for this price range. Recent trends in 78629 show home values have fallen 4.5% since 6 months ago. The most comparable recent sale is 206 Live Oak ST, Gonzales TX 78629, with an adjusted value of $238,892; with a larger floor plan. 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