407 Laredo, Lockhart TX 78644

The estimated value of this property is $187,119, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $106,000 and $116,000. With 7 comparable homes on the market in COMPRESS HILL, this price positions the property as the 4th most expensive of 7 comparable homes on the market. Being 279 sqft smaller than the average comparable sale in this area impacts the per square foot value. Built in 1997, this home is 6 years older than the average comp, which is reflected in the adjustments. There are currently 7 similar homes on the market in COMPRESS HILL, ranging from $110,000 to $319,999. Recent trends in 78644 show home values have fallen 5.9% since 6 months ago. The most comparable recent sale is 905 Luann LN, Lockhart TX 78644, with an adjusted value of $112,373; a strong comparable. Based on 7 relevant data points in COMPRESS HILL, 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