401 Laredo ST, Lockhart TX 78644

After reviewing 7 recent transactions in COMPRESS HILL, I estimate this property's value at $135,252. A competitive list price for this home right now would fall in the $226,000 to $233,000 range. Buyers shopping in COMPRESS HILL right now would see this as a well positioned option among 7 comparable homes. At 17 years older than typical comps, the 1950 build date influences the valuation. The smaller lot (0.14 acres versus the area average of 0.18) contributes to the valuation. Current inventory shows 7 comparable homes in COMPRESS HILL; a buyer's market based on recent absorption. Prices in 78644 have fallen 5.9% over the last 6 months. A similar home at 712 Neches ST, Lockhart TX 78644 carries an adjusted comparable value of $69,920, providing a strong data point. The comp data here (7 sales in COMPRESS HILL) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus