150 Indian TRL, Lockhart TX 78644

Based on 4 closed sales in INDIAN RIDGE, the data points to a value around $353,513 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $343,000 to $364,000. Buyers shopping in INDIAN RIDGE right now would see this as a well positioned option among 1 comparable homes. The smaller floor plan (185 sqft compared to the average comp) is a meaningful differentiator in this price range. Being built in 2002 (6 years newer than comps) is factored into the value estimate. With 1 similar homes currently listed in INDIAN RIDGE (a buyer's market), competition is a factor to consider. Market data shows 78644 prices fallen 6% over the last half year. The closest comparable sale, 145 Indian TRL, Lockhart TX 78644 at an adjusted $277,528, is with a smaller floor plan. The strength of this estimate comes from 4 directly comparable sales in INDIAN RIDGE. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group