1200 Spruce ST, Lockhart TX 78644

The market data from 7 similar recent sales in BLANKS MRS M points to a value of approximately $227,117. To sell within a reasonable timeframe at fair market value, the $223,000 to $232,000 range is where I'd position this. At this price, the property would be the most affordable of 7 comparable homes on the market comparable homes currently on the market in BLANKS MRS M. The larger floor plan (1,532 sqft compared to the average comp) is a meaningful differentiator in this price range. The 1955 construction puts this home 51 years older than the comp average, a factor in the pricing. Right now, 7 similar properties are competing for buyers in BLANKS MRS M, listed between $249,800 and $598,200. In 78644, home values have risen approximately 9.7% over the past 6 months. One of the strongest data points is 1392 E Market ST, Lockhart TX 78644, adjusting to $202,662; with a smaller 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