1312 Torres ST, Lockhart TX 78644

The market data from 7 similar recent sales in 78644 points to a value of approximately $193,423. To sell within a reasonable timeframe at fair market value, the $91,000 to $101,000 range is where I'd position this. In the current 78644 market with 7 similar homes available, this price represents the 3rd most expensive of 7 comparable homes on the market. The 352 sqft size difference versus comparable sales is reflected in the adjusted values. The 1984 construction puts this home 13 years older than the comp average, a factor in the pricing. Current inventory shows 7 comparable homes in 78644; a buyer's market based on recent absorption. In 78644, home values have fallen approximately 6% over the past 6 months. One of the strongest data points is 721 Chihuahua ST, Lockhart TX 78644, adjusting to $248,955; 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