503 W Prairie Lea, Lockhart TX 78644

Reviewing the most recent comparable transactions, this home's market value falls around $295,134. For a well positioned listing in A R CHEW, I'd target the $242,000 to $252,000 range. Against 7 similar active listings in A R CHEW, this price point lands at the 4th most expensive of 7 comparable homes on the market. The 1898 construction puts this home 89 years older than the comp average, a factor in the pricing. Buyers in A R CHEW have 7 comparable options right now, with asking prices between $240,990 and $380,000. Recent trends in 78644 show home values have fallen 6% since 6 months ago. The most comparable recent sale is 309 Bois D Arc ST, Lockhart TX 78644, with an adjusted value of $298,693; with a smaller 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