50 Rocky RD, Lockhart TX 78644

The estimated value of this property is $440,127, based on 3 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $427,000 and $453,000. At this price, the property would be the most expensive of 2 comparable homes on the market comparable homes currently on the market in 78644. This home's smaller footprint (858 sqft vs the comp average) plays a role in how the market prices it. Built in 1975, this home is 35 years older than the average comp, which is reflected in the adjustments. With 2 similar homes currently listed in 78644 (a buyer's market), competition is a factor to consider. Recent trends in 78644 show home values have fallen 6% since 6 months ago. The most comparable recent sale is 1842 Schuelke RD, Lockhart TX 78644, with an adjusted value of $560,518; with a larger floor plan. Based on 3 relevant data points in 78644, 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