313 Plum ST, Lockhart TX 78644

Based on 7 closed sales in POLKS, the data points to a value around $315,733 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $132,000 to $142,000. Relative to what's currently available in POLKS, this home would be the most expensive of 7 comparable homes on the market. Being built in 1925 (27 years older than comps) is factored into the value estimate. Lot size matters here: 0.16 acres versus 0.24 for the typical comp. 7 similar homes are currently available in POLKS, creating a buyer's market for this price range. Market data shows 78644 prices fallen 0.4% over the last half year. The closest comparable sale, 535 S Main ST, Lockhart TX 78644 at an adjusted $446,589, is with a larger floor plan. 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