628 S Madison ST, La Grange TX 78945

Based on 7 closed sales in 78945, the data points to a value around $280,766 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $159,000 to $169,000. This pricing would rank the home as the 2nd most expensive of 7 comparable homes on the market in 78945's current inventory. Being built in 1958 (5 years newer than comps) is factored into the value estimate. Lot size matters here: 0.24 acres versus 0.32 for the typical comp. Buyers in 78945 have 7 comparable options right now, with asking prices between $160,000 and $325,000. Market data shows 78945 prices risen 10.2% over the last half year. The closest comparable sale, 293 S College ST, La Grange TX 78945 at an adjusted $357,244, is a strong comparable. The strength of this estimate comes from 7 directly comparable sales in 78945. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group