1526 Colton LN, Lockhart TX 78644

The market data from 4 similar recent sales in CLEAR FORK ESTATES points to a value of approximately $315,574. To sell within a reasonable timeframe at fair market value, the $335,000 to $349,000 range is where I'd position this. Against 3 similar active listings in CLEAR FORK ESTATES, this price point lands at the 2nd most expensive of 3 comparable homes on the market. The 327 sqft size difference versus comparable sales is reflected in the adjusted values. At 0.27 acres, the lot is larger than the 0.22 acre comp average, which factors into pricing. Current inventory shows 3 comparable homes in CLEAR FORK ESTATES; a buyer's market based on recent absorption. In 78644, home values have fallen approximately 6% over the past 6 months. One of the strongest data points is 1410 Colton LN, Lockhart TX 78644, adjusting to $292,438; a strong comparable. 4 comparable transactions in CLEAR FORK ESTATES 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