999 N Madison ST, La Grange TX 78945

The estimated value of this property is $220,576, based on 7 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $269,000 and $270,000. Against 2 similar active listings in 78945, this price point lands at the most expensive of 2 comparable homes on the market. At 412 sqft smaller than the typical comp, the size difference factors into the valuation. Built in 2007, this home is 24 years newer than the average comp, which is reflected in the adjustments. Right now, 2 similar properties are competing for buyers in 78945, listed between $188,000 and $270,000. Recent trends in 78945 show home values have fallen 16.4% since 6 months ago. The most comparable recent sale is 240 S Reed CIR, La Grange TX 78945, with an adjusted value of $210,393; a strong comparable. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group