2541 Borchert LOOP, Lockhart TX 78644

Based on 7 closed sales in 78644, the data points to a value around $325,607 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $504,000 to $542,000. Relative to what's currently available in 78644, this home would be the most affordable of 7 comparable homes on the market. At 894 sqft larger than the typical comp, the size difference factors into the valuation. Lot size matters here: 1.75 acres versus 0.19 for the typical comp. There are currently 7 similar homes on the market in 78644, ranging from $424,900 to $695,000. Market data shows 78644 prices fallen 6% over the last half year. The closest comparable sale, 1200 Spruce ST, Lockhart TX 78644 at an adjusted $296,273, is with a larger floor plan. This estimate draws on 7 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus