1011 Bowie ST, Lockhart TX 78644

Reviewing the most recent comparable transactions, this home's market value falls around $280,445. For a well positioned listing in PARKWAY, I'd target the $296,000 to $301,000 range. With 4 comparable homes on the market in PARKWAY, this price positions the property as the 2nd least expensive of 4 comparable homes on the market. At 132 sqft larger than the typical comp, the size difference factors into the valuation. The 1996 construction puts this home 5 years older than the comp average, a factor in the pricing. With 4 similar homes currently listed in PARKWAY (a buyer's market), competition is a factor to consider. Recent trends in 78644 show home values have fallen 6% since 6 months ago. The most comparable recent sale is 1410 Colton LN, Lockhart TX 78644, with an adjusted value of $264,173; with a larger floor plan. 3 comparable transactions in PARKWAY support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group