1001 Plum ST, Lockhart TX 78644

After adjusting 3 comparable sales for differences in size, age, and features, this home's estimated value is $311,456. Pricing this home between $258,000 and $268,000 would put it in the competitive sweet spot for TRAMMEL REV. This home's position in the current TRAMMEL REV market: the 4th most expensive of 7 comparable homes on the market among comparable properties. Being 125 sqft smaller than the average comparable sale in this area impacts the per square foot value. At 9 years older than typical comps, the 1955 build date influences the valuation. Current inventory shows 7 comparable homes in TRAMMEL REV; a buyer's market based on recent absorption. Market data shows 78644 prices fallen 8.6% over the last half year. The closest comparable sale, 1017 Spruce ST, Lockhart TX 78644 at an adjusted $243,670, is a strong comparable. With 3 comparable sales in TRAMMEL REV, 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