1616 Saint Michael ST, Gonzales TX 78629

The comparable sales data (7 recent transactions in 78629) supports an estimated value of $159,876. The data suggests a list price between $226,000 and $242,000 would attract qualified buyers without leaving money on the table. Relative to what's currently available in 78629, this home would be the most affordable of 4 comparable homes on the market. Being 385 sqft larger than the average comparable sale in this area impacts the per square foot value. Lot size matters here: 0.33 acres versus 0.42 for the typical comp. Current inventory shows 4 comparable homes in 78629; a buyer's market based on recent absorption. Prices in 78629 have fallen 1.8% over the last 6 months. A similar home at 1226 Saint Matthew ST, Gonzales TX 78629 carries an adjusted comparable value of $135,078, providing a strong data point. The strength of this estimate comes from 7 directly comparable sales in 78629. 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