1201 N Saint Joseph ST, Gonzales TX 78629

Based on 7 closed sales in NEIGHBORHOOD, the data points to a value around $232,774 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $198,000 to $208,000. This home's position in the current NEIGHBORHOOD market: the most expensive of 2 comparable homes on the market among comparable properties. The larger floor plan (415 sqft compared to the average comp) is a meaningful differentiator in this price range. Being built in 1920 (40 years older than comps) is factored into the value estimate. There are currently 2 similar homes on the market in NEIGHBORHOOD, ranging from $199,000 to $325,000. Market data shows 78629 prices fallen 10.4% over the last half year. The closest comparable sale, 705 Dunning ST, Gonzales TX 78629 at an adjusted $184,577, is a strong comparable. The strength of this estimate comes from 7 directly comparable sales in NEIGHBORHOOD. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group