1017 Spruce ST, Lockhart TX 78644

The estimated value of this property is $417,085, based on 3 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $275,000 and $285,000. At this price, the property would be the most expensive of 7 comparable homes on the market comparable homes currently on the market in MRS M M BLANKS. Built in 1959, this home is 10 years older than the average comp, which is reflected in the adjustments. The 0.35 acre lot (larger than the 0.30 acre average) is reflected in the estimate. Current inventory shows 7 comparable homes in MRS M M BLANKS; a buyer's market based on recent absorption. Recent trends in 78644 show home values have fallen 8.6% since 6 months ago. The most comparable recent sale is 905 Vogel DR, Lockhart TX 78644, with an adjusted value of $313,739; a strong comparable. Based on 3 relevant data points in MRS M M BLANKS, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX