1311 Lakeview DR, Lockhart TX 78644

Reviewing the most recent comparable transactions, this home's market value falls around $160,601. For a well positioned listing in LAKE VIEW, I'd target the $185,000 to $218,000 range. At this price, the property would be the most affordable of 3 comparable homes on the market comparable homes currently on the market in LAKE VIEW. At 127 sqft smaller than the typical comp, the size difference factors into the valuation. The 1980 construction puts this home 5 years older than the comp average, a factor in the pricing. There are currently 3 similar homes on the market in LAKE VIEW, ranging from $175,000 to $285,000. Recent trends in 78644 show home values have fallen 6% since 6 months ago. The most comparable recent sale is 1407 Pendergrass ST, Lockhart TX 78644, with an adjusted value of $172,130; a strong comparable. The 4 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