224 Demerson LN, La Grange TX 78945

The market data from 7 similar recent sales in 78945 points to a value of approximately $322,924. To sell within a reasonable timeframe at fair market value, the $220,000 to $230,000 range is where I'd position this. At this price, the property would be the most expensive of 6 comparable homes on the market comparable homes currently on the market in 78945. The 2020 construction puts this home 42 years newer than the comp average, a factor in the pricing. At 2.31 acres, the lot is larger than the 0.30 acre comp average, which factors into pricing. 6 similar homes are currently available in 78945, creating a buyer's market for this price range. In 78945, home values have risen approximately 6.7% over the past 6 months. One of the strongest data points is 2233 Valentine RD, La Grange TX 78945, adjusting to $349,060; a strong comparable. 7 comparable transactions in 78945 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