507 Neches ST, Lockhart TX 78644

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $106,048. To generate strong buyer interest while maximizing value, I'd price this between $74,000 and $84,000. With 3 comparable homes on the market in EAST SIDE, this price positions the property as the 2nd most expensive of 3 comparable homes on the market. The 258 sqft size difference versus comparable sales is reflected in the adjusted values. The 1935 construction puts this home 8 years older than the comp average, a factor in the pricing. 3 similar homes are currently available in EAST SIDE, creating a buyer's market for this price range. The trend in 78644 shows prices have fallen 5.2% in the past 6 months. 513 Ruddy ST, Lockhart TX 78644 nearby adjusts to $79,913; a strong comparable. 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