000 Seawillow RD, Lockhart TX 78644

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $267,607. I'd recommend coming to market at $260,000 to $276,000 to strike the right balance between value and market velocity. With 0 comparable homes on the market in 78644, this price positions the property as no active comparable homes on the market. This home's smaller footprint (271 sqft vs the comp average) plays a role in how the market prices it. Built in 1985, this home is 7 years older than the average comp, which is reflected in the adjustments. The trend in 78644 shows prices have fallen 8.2% in the past 6 months. 813 5th ST, Lockhart TX 78644 nearby adjusts to $202,617; a strong comparable. With 4 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