407 E Walnut ST, La Grange TX 78945

The market data from 7 similar recent sales in 78945 points to a value of approximately $229,474. To sell within a reasonable timeframe at fair market value, the $134,000 to $144,000 range is where I'd position this. Among the similar homes currently available in 78945, this price point stands out as competitive. The 1930 construction puts this home 35 years older than the comp average, a factor in the pricing. At 0.15 acres, the lot is smaller than the 0.32 acre comp average, which factors into pricing. Current inventory shows 7 comparable homes in 78945; a buyer's market based on recent absorption. In 78945, home values have risen approximately 8.4% over the past 6 months. One of the strongest data points is 365 Rose Mayer LOOP, La Grange TX 78945, adjusting to $279,391; 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