1705 Homannville TRL, Lockhart TX 78644

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $438,419. To generate strong buyer interest while maximizing value, I'd price this between $520,000 and $630,000. At this price, the property would be the 2nd least expensive of 4 comparable homes on the market comparable homes currently on the market in VALOR CREEK IID. The smaller floor plan (1,051 sqft compared to the average comp) is a meaningful differentiator in this price range. The 2017 construction puts this home 43 years newer than the comp average, a factor in the pricing. Right now, 4 similar properties are competing for buyers in VALOR CREEK IID, listed between $390,000 and $650,000. The trend in 78644 shows prices have fallen 6.8% in the past 6 months. 1266 Old Lytton Springs RD, Lockhart TX 78644 nearby adjusts to $201,664; with a larger floor plan. The 3 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group