107 Richland DR, Lockhart TX 78644

Reviewing the most recent comparable transactions, this home's market value falls around $238,414. For a well positioned listing in CLEVELAND, I'd target the $106,000 to $116,000 range. In the current CLEVELAND market with 5 similar homes available, this price represents the most expensive of 5 comparable homes on the market. Being 131 sqft larger than the average comparable sale in this area impacts the per square foot value. The 1938 construction puts this home 46 years older than the comp average, a factor in the pricing. Buyers in CLEVELAND have 5 comparable options right now, with asking prices between $105,000 and $285,000. Recent trends in 78644 show home values have fallen 5.2% since 6 months ago. The most comparable recent sale is 6 Trinity CIR, Lockhart TX 78644, with an adjusted value of $212,810; with a larger floor plan. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group