640 N Monroe ST, La Grange TX 78945

The market data from 3 similar recent sales in 78945 points to a value of approximately $298,022. To sell within a reasonable timeframe at fair market value, the $239,000 to $249,000 range is where I'd position this. Against 3 similar active listings in 78945, this price point lands at the 2nd most expensive of 3 comparable homes on the market. The 2000 construction puts this home 6 years older than the comp average, a factor in the pricing. At 0.30 acres, the lot is larger than the 0.19 acre comp average, which factors into pricing. There are currently 3 similar homes on the market in 78945, ranging from $235,000 to $335,000. In 78945, home values have fallen approximately 10.8% over the past 6 months. One of the strongest data points is 365 Rose Mayer LOOP, La Grange TX 78945, adjusting to $353,866; with a smaller floor plan. The 3 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group