616 N Madison ST, La Grange TX 78945

My analysis of 7 comparable properties puts this home's estimated value at $231,325. Based on how the local market is moving, a list price between $194,000 and $204,000 would position this home well. This pricing would rank the home as the 3rd most expensive of 5 comparable homes on the market in 78945's current inventory. At 322 sqft smaller than the typical comp, the size difference factors into the valuation. At 15 years newer than typical comps, the 1975 build date influences the valuation. Current inventory shows 5 comparable homes in 78945; a buyer's market based on recent absorption. The 6 month price trend in 78945: risen 10.2%. The best comp here is 330 E Milam ST, La Grange TX 78945 at an adjusted value of $194,803, with a larger floor plan. With 7 comparable sales in 78945, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group