1520 Colton LN, Lockhart TX 78644

My analysis of 3 comparable properties puts this home's estimated value at $314,898. Based on how the local market is moving, a list price between $237,000 and $247,000 would position this home well. Relative to what's currently available in CLEAR FORK ESTATES, this home would be the 2nd most expensive of 7 comparable homes on the market. This home's larger footprint (146 sqft vs the comp average) plays a role in how the market prices it. The larger lot (0.21 acres versus the area average of 0.18) contributes to the valuation. Current inventory shows 7 comparable homes in CLEAR FORK ESTATES; a buyer's market based on recent absorption. The 6 month price trend in 78644: risen 1.9%. The best comp here is 516 Christopher's CV, Lockhart TX 78644 at an adjusted value of $314,840, with a smaller floor plan. The comp data here (3 sales in CLEAR FORK ESTATES) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus