2402 Blue Sky LN, Lockhart TX 78644

The market data from 5 similar recent sales in SUMMERSIDE points to a value of approximately $275,981. To sell within a reasonable timeframe at fair market value, the $256,000 to $260,000 range is where I'd position this. With 7 comparable homes on the market in SUMMERSIDE, this price positions the property as the most expensive of 7 comparable homes on the market. At 0.24 acres, the lot is larger than the 0.16 acre comp average, which factors into pricing. With 7 similar homes currently listed in SUMMERSIDE (a seller's market), competition is a factor to consider. In SUMMERSIDE, home values have fallen approximately 4.4% over the past 6 months. One of the strongest data points is 210 Summerside Ave, Lockhart TX 78644, adjusting to $289,199; a strong comparable. 5 comparable transactions in SUMMERSIDE 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