905 S Madison ST, La Grange TX 78945

The market data from 5 similar recent sales in 78945 points to a value of approximately $234,057. To sell within a reasonable timeframe at fair market value, the $229,000 to $239,000 range is where I'd position this. Against 4 similar active listings in 78945, this price point lands at the most affordable of 4 comparable homes on the market. At 0.26 acres, the lot is smaller than the 0.30 acre comp average, which factors into pricing. The active market in 78945 includes 4 comparable homes priced from $275,000 to $399,000. In 78945, home values have fallen approximately 4.2% over the past 6 months. One of the strongest data points is 1014 S Madison ST, La Grange TX 78945, adjusting to $213,631; a strong comparable. The 5 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