947 E Lafayette ST, La Grange TX 78945

The market data from 7 similar recent sales in 78945 points to a value of approximately $291,876. To sell within a reasonable timeframe at fair market value, the $128,000 to $138,000 range is where I'd position this. Among the similar homes currently available in 78945, this price point stands out as competitive. The 2024 construction puts this home 55 years newer than the comp average, a factor in the pricing. At 0.35 acres, the lot is smaller than the 0.60 acre comp average, which factors into pricing. 7 similar homes are currently available in 78945, creating a buyer's market for this price range. In 78945, home values have fallen approximately 6% over the past 6 months. One of the strongest data points is 2233 Valentine RD, La Grange TX 78945, adjusting to $432,799; a strong comparable. 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