637 E La Fayette ST, La Grange TX 78945

Reviewing the most recent comparable transactions, this home's market value falls around $275,995. For a well positioned listing in 78945, I'd target the $270,000 to $282,000 range. In the current 78945 market with 3 similar homes available, this price represents the 2nd most expensive of 3 comparable homes on the market. The 1900 construction puts this home 68 years older than the comp average, a factor in the pricing. At 0.29 acres, the lot is larger than the 0.24 acre comp average, which factors into pricing. The active market in 78945 includes 3 comparable homes priced from $175,000 to $399,000. Recent trends in 78945 show home values have fallen 10.8% since 6 months ago. The most comparable recent sale is 611 South Franklin ST, La Grange TX 78945, with an adjusted value of $252,875; with a larger floor plan. 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