116 Sunset DR, Lockhart TX 78644

The market data from 7 similar recent sales in SOUTH SIDE ESTATES points to a value of approximately $198,887. To sell within a reasonable timeframe at fair market value, the $218,000 to $254,000 range is where I'd position this. Against 4 similar active listings in SOUTH SIDE ESTATES, this price point lands at the 2nd least expensive of 4 comparable homes on the market. The 1972 construction puts this home 27 years older than the comp average, a factor in the pricing. The active market in SOUTH SIDE ESTATES includes 4 comparable homes priced from $190,000 to $595,000. In 78644, home values have fallen approximately 6% over the past 6 months. One of the strongest data points is 1015 Bowie ST, Lockhart TX 78644, adjusting to $209,055; a strong comparable. 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