1406 Pendergrass ST, Lockhart TX 78644

Reviewing the most recent comparable transactions, this home's market value falls around $173,073. For a well positioned listing in LAKE VIEW, I'd target the $206,000 to $208,000 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. The smaller floor plan (211 sqft compared to the average comp) is a meaningful differentiator in this price range. The 1987 construction puts this home 12 years newer than the comp average, a factor in the pricing. The active market in LAKE VIEW includes 3 comparable homes priced from $175,000 to $217,900. 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 $167,603; 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