538 N Madison ST, La Grange TX 78945

Based on 3 closed sales in 78945, the data points to a value around $314,803 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $495,000 to $513,000. This home's position in the current 78945 market: the most affordable of 7 comparable homes on the market among comparable properties. This home's smaller footprint (129 sqft vs the comp average) plays a role in how the market prices it. Being built in 1954 (6 years older than comps) is factored into the value estimate. With 7 similar homes currently listed in 78945 (a buyer's market), competition is a factor to consider. Market data shows 78945 prices risen 6.7% over the last half year. The closest comparable sale, 502 Sarah Jo LN, La Grange TX 78945 at an adjusted $207,360, is a strong comparable. This estimate draws on 3 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus