1324 Torres ST, Lockhart TX 78644

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $170,072. To generate strong buyer interest while maximizing value, I'd price this between $197,000 and $204,000. Against 4 similar active listings in ELLISONDIVISION, this price point lands at the most affordable of 4 comparable homes on the market. Being 367 sqft smaller than the average comparable sale in this area impacts the per square foot value. The 1945 construction puts this home 39 years older than the comp average, a factor in the pricing. Buyers in ELLISONDIVISION have 4 comparable options right now, with asking prices between $190,000 and $595,000. The trend in 78644 shows prices have fallen 6% in the past 6 months. 1505 Century Oaks DR, Lockhart TX 78644 nearby adjusts to $170,730; with a larger floor plan. 7 comparable transactions in ELLISONDIVISION 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