656 N Madison ST, La Grange TX 78945

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $217,058. I'd recommend coming to market at $151,000 to $161,000 to strike the right balance between value and market velocity. With 4 comparable homes on the market in 78945, this price positions the property as the most expensive of 4 comparable homes on the market. At 117 sqft smaller than the typical comp, the size difference factors into the valuation. Built in 1995, this home is 58 years newer than the average comp, which is reflected in the adjustments. With 4 similar homes currently listed in 78945 (a buyer's market), competition is a factor to consider. The trend in 78945 shows prices have fallen 17.8% in the past 6 months. 935 E Upper Line ST, La Grange TX 78945 nearby adjusts to $234,658; a strong comparable. Based on 7 relevant data points in 78945, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX