1001 Spruce, Lockhart TX 78644

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $270,780. I'd recommend coming to market at $319,000 to $329,000 to strike the right balance between value and market velocity. Against 7 similar active listings in 78644, this price point lands at the 3rd least expensive of 7 comparable homes on the market. Built in 1943, this home is 46 years older than the average comp, which is reflected in the adjustments. Right now, 7 similar properties are competing for buyers in 78644, listed between $240,000 and $485,000. The trend in 78644 shows prices have fallen 6% in the past 6 months. 912 Merritt DR, Lockhart TX 78644 nearby adjusts to $446,131; 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