950 N Monroe ST, La Grange TX 78945

Based on 7 closed sales in 78945, the data points to a value around $308,049 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $212,000 to $222,000. This pricing would rank the home as the 4th most expensive of 7 comparable homes on the market in 78945's current inventory. This home's larger footprint (201 sqft vs the comp average) plays a role in how the market prices it. Lot size matters here: 0.70 acres versus 0.31 for the typical comp. The active market in 78945 includes 7 comparable homes priced from $189,000 to $649,000. Market data shows 78945 prices fallen 12.6% over the last half year. The closest comparable sale, 355 N Monroe ST, La Grange TX 78945 at an adjusted $363,107, is with a smaller floor plan. The strength of this estimate comes from 7 directly comparable sales in 78945. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group