427 Connolly CIR W, Lockhart TX 78644

The market data from 6 similar recent sales in CLEARFORK points to a value of approximately $370,942. To sell within a reasonable timeframe at fair market value, the $386,000 to $391,000 range is where I'd position this. At this price, the property would be the 2nd most expensive of 3 comparable homes on the market comparable homes currently on the market in CLEARFORK. The larger floor plan (202 sqft compared to the average comp) is a meaningful differentiator in this price range. The 1982 construction puts this home 8 years newer than the comp average, a factor in the pricing. 3 similar homes are currently available in CLEARFORK, creating a buyer's market for this price range. In 78644, home values have fallen approximately 6% over the past 6 months. One of the strongest data points is 503 Hackberry ST, Lockhart TX 78644, adjusting to $328,431; a strong comparable. 6 comparable transactions in CLEARFORK support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group