1534 Colton LN, Lockhart TX 78644

My analysis of 3 comparable properties puts this home's estimated value at $257,030. Based on how the local market is moving, a list price between $214,000 and $224,000 would position this home well. This would position the home competitively among 7 active listings in CLEAR FORK ESTATES. The 105 sqft size difference versus comparable sales is reflected in the adjusted values. The larger lot (0.26 acres versus the area average of 0.21) 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: fallen 6%. The best comp here is 516 Christopher's CV, Lockhart TX 78644 at an adjusted value of $288,317, a strong comparable. With 3 comparable sales in CLEAR FORK ESTATES, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group