116 Nueces ST, Lockhart TX 78644

Based on 7 closed sales in 78644, the data points to a value around $212,244 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $158,000 to $168,000. Buyers shopping in 78644 right now would see this as a well positioned option among 7 comparable homes. Being built in 1938 (26 years older than comps) is factored into the value estimate. Lot size matters here: 0.14 acres versus 0.33 for the typical comp. 7 similar homes are currently available in 78644, creating a buyer's market for this price range. Market data shows 78644 prices fallen 6% over the last half year. The closest comparable sale, 703 BOIS D'ARC ST, Lockhart TX 78644 at an adjusted $391,511, is a strong comparable. The strength of this estimate comes from 7 directly comparable sales in 78644. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group