1014 Maple ST, Lockhart TX 78644

Reviewing the most recent comparable transactions, this home's market value falls around $305,296. For a well positioned listing in 78644, I'd target the $246,000 to $256,000 range. Against 3 similar active listings in 78644, this price point lands at the 2nd most expensive of 3 comparable homes on the market. The 1951 construction puts this home 38 years older than the comp average, a factor in the pricing. At 0.36 acres, the lot is larger than the 0.28 acre comp average, which factors into pricing. Current inventory shows 3 comparable homes in 78644; a buyer's market based on recent absorption. Recent trends in 78644 show home values have fallen 6% since 6 months ago. The most comparable recent sale is 912 Merritt DR, Lockhart TX 78644, with an adjusted value of $482,160; a strong comparable. 7 comparable transactions in 78644 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