700 Bayley ST, Llano TX 78643

My analysis of 7 comparable properties puts this home's estimated value at $170,121. Based on how the local market is moving, a list price between $200,000 and $211,000 would position this home well. This home's position in the current SOUTH market: the most affordable of 2 comparable homes on the market among comparable properties. At 22 years older than typical comps, the 1950 build date influences the valuation. The smaller lot (0.41 acres versus the area average of 1.75) contributes to the valuation. With 2 similar homes currently listed in SOUTH (a buyer's market), competition is a factor to consider. The 6 month price trend in SOUTH: fallen 9.3%. The best comp here is 1304 E LUCE ST, Llano TX 78643 at an adjusted value of $199,733, a strong comparable. With 7 comparable sales in SOUTH, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group