417 Cibilo, Lockhart TX 78644

Reviewing the most recent comparable transactions, this home's market value falls around $371,095. For a well positioned listing in LOCKHART BYRD, I'd target the $263,000 to $273,000 range. At this price, the property would be the 3rd least expensive of 6 comparable homes on the market comparable homes currently on the market in LOCKHART BYRD. This home's larger footprint (625 sqft vs the comp average) plays a role in how the market prices it. The 1915 construction puts this home 14 years older than the comp average, a factor in the pricing. The active market in LOCKHART BYRD includes 6 comparable homes priced from $259,800 to $850,000. Recent trends in 78644 show home values have fallen 6% since 6 months ago. The most comparable recent sale is 1200 Spruce ST, Lockhart TX 78644, with an adjusted value of $208,225; with a larger floor plan. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group