183 Lakeview CIR, Lockhart TX 78644

The market data from 7 similar recent sales in SPANISH OAKS ESTATES points to a value of approximately $513,047. To sell within a reasonable timeframe at fair market value, the $382,000 to $392,000 range is where I'd position this. Against 4 similar active listings in SPANISH OAKS ESTATES, this price point lands at the most expensive of 4 comparable homes on the market. At 600 sqft larger than the typical comp, the size difference factors into the valuation. The 2021 construction puts this home 8 years newer than the comp average, a factor in the pricing. Right now, 4 similar properties are competing for buyers in SPANISH OAKS ESTATES, listed between $345,900 and $729,000. In 78644, home values have fallen approximately 6.8% over the past 6 months. One of the strongest data points is 3675 Callihan RD, Luling TX 78648, adjusting to $635,009; with a smaller floor plan. The 7 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