251 N Monroe, La Grange TX 78945

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $246,762. To generate strong buyer interest while maximizing value, I'd price this between $179,000 and $189,000. Against 6 similar active listings in 78945, this price point lands at the 2nd most expensive of 6 comparable homes on the market. The 1993 construction puts this home 5 years older than the comp average, a factor in the pricing. At 0.32 acres, the lot is larger than the 0.20 acre comp average, which factors into pricing. There are currently 6 similar homes on the market in 78945, ranging from $175,000 to $349,200. The trend in 78945 shows prices have fallen 16.4% in the past 6 months. 365 Rose Mayer LOOP, La Grange TX 78945 nearby adjusts to $311,363; with a larger floor plan. 3 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