1205 Red River ST, Lockhart TX 78644

My analysis of 7 comparable properties puts this home's estimated value at $222,017. Based on how the local market is moving, a list price between $111,000 and $121,000 would position this home well. This home's position in the current WILLIAMS market: below the only comparable home currently on the market among comparable properties. The 505 sqft size difference versus comparable sales is reflected in the adjusted values. At 20 years older than typical comps, the 1948 build date influences the valuation. Current inventory shows 1 comparable homes in WILLIAMS; a buyer's market based on recent absorption. The 6 month price trend in WILLIAMS: fallen 9.8%. The best comp here is 711 Fir LN, Lockhart TX 78644 at an adjusted value of $241,153, with a larger floor plan. With 7 comparable sales in WILLIAMS, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group