316 Cibilo ST, Lockhart TX 78644

The estimated value of this property is $221,987, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $84,000 and $94,000. With 4 comparable homes on the market in POLKS, this price positions the property as the most expensive of 4 comparable homes on the market. This home's smaller footprint (338 sqft vs the comp average) plays a role in how the market prices it. Built in 1945, this home is 23 years older than the average comp, which is reflected in the adjustments. The active market in POLKS includes 4 comparable homes priced from $99,000 to $217,900. Recent trends in 78644 show home values have fallen 6% since 6 months ago. The most comparable recent sale is 711 Fir LN, Lockhart TX 78644, with an adjusted value of $254,402; a strong comparable. Based on 7 relevant data points in POLKS, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX