365 Rose Mayer LOOP, La Grange TX 78945

The market data from 7 similar recent sales in 78945 points to a value of approximately $282,307. To sell within a reasonable timeframe at fair market value, the $136,000 to $146,000 range is where I'd position this. With 7 comparable homes on the market in 78945, this price positions the property as the 3rd most expensive of 7 comparable homes on the market. The 2005 construction puts this home 30 years newer than the comp average, a factor in the pricing. At 0.16 acres, the lot is smaller than the 0.28 acre comp average, which factors into pricing. Right now, 7 similar properties are competing for buyers in 78945, listed between $125,000 and $399,000. In 78945, home values have fallen approximately 12.6% over the past 6 months. One of the strongest data points is 365 Rose Mayer LOOP, La Grange TX 78945, adjusting to $325,000; 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