313 Plum ST, Lockhart TX 78644

Based on 7 closed sales in POLKS, the data points to a value around $218,741 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $265,000 to $277,000. Relative to what's currently available in POLKS, this home would be the most affordable of 6 comparable homes on the market. This home's larger footprint (121 sqft vs the comp average) plays a role in how the market prices it. Being built in 1925 (23 years older than comps) is factored into the value estimate. 6 similar homes are currently available in POLKS, creating a buyer's market for this price range. Market data shows 78644 prices fallen 6.8% over the last half year. The closest comparable sale, 711 S Commerce ST, Lockhart TX 78644 at an adjusted $164,462, is a strong comparable. The strength of this estimate comes from 7 directly comparable sales in POLKS. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group