1205 Magnolia ST, Lockhart TX 78644

Reviewing the most recent comparable transactions, this home's market value falls around $346,836. For a well positioned listing in 78644, I'd target the $222,000 to $232,000 range. In the current 78644 market with 3 similar homes available, this price represents the most expensive of 3 comparable homes on the market. Being 174 sqft larger than the average comparable sale in this area impacts the per square foot value. At 0.50 acres, the lot is larger than the 0.30 acre comp average, which factors into pricing. The active market in 78644 includes 3 comparable homes priced from $199,900 to $349,000. Recent trends in 78644 show home values have risen 5.5% since 6 months ago. The most comparable recent sale is 708 W Prairie Lea ST, Lockhart TX 78644, with an adjusted value of $457,903; with a smaller floor plan and a pool. 3 comparable transactions in 78644 support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group