1504 Hunters RD, Lockhart TX 78644

The market data from 7 similar recent sales in HUNTERS POINTE points to a value of approximately $228,657. To sell within a reasonable timeframe at fair market value, the $184,000 to $194,000 range is where I'd position this. With 7 comparable homes on the market in HUNTERS POINTE, this price positions the property as the 3rd least expensive of 7 comparable homes on the market. The 197 sqft size difference versus comparable sales is reflected in the adjusted values. At 0.36 acres, the lot is larger than the 0.19 acre comp average, which factors into pricing. 7 similar homes are currently available in HUNTERS POINTE, creating a buyer's market for this price range. In 78644, home values have fallen approximately 6% over the past 6 months. One of the strongest data points is 1303 W Pointe PL, Lockhart TX 78644, adjusting to $195,829; a strong comparable. 7 comparable transactions in HUNTERS POINTE 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