408 E Ellis ST, Llano TX 78643

The estimated value of this property is $205,382, based on 7 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $199,000 and $212,000. In the current L I & market with 1 similar homes available, this price represents below the only comparable home currently on the market. The 1,039 sqft size difference versus comparable sales is reflected in the adjusted values. Built in 1931, this home is 35 years older than the average comp, which is reflected in the adjustments. The active market in L I & includes 1 comparable homes priced from $729,000 to $729,000. Recent trends in 78643 show home values have fallen 66.6% since 6 months ago. The most comparable recent sale is 609 W Leon ST, Llano TX 78643, with an adjusted value of $257,250; a strong comparable. Based on 7 relevant data points in L I &, 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