592 Homann RD, Lockhart TX 78644

Reviewing the most recent comparable transactions, this home's market value falls around $290,141. For a well positioned listing in SEE LEGAL, I'd target the $305,000 to $372,000 range. Against 3 similar active listings in SEE LEGAL, this price point lands at the 2nd most expensive of 3 comparable homes on the market. Being 643 sqft smaller than the average comparable sale in this area impacts the per square foot value. The 1974 construction puts this home 16 years older than the comp average, a factor in the pricing. 3 similar homes are currently available in SEE LEGAL, creating a buyer's market for this price range. Recent trends in 78644 show home values have fallen 6% since 6 months ago. The most comparable recent sale is 400 Hazelnut DR, Dale TX 78616, with an adjusted value of $230,770; with a larger floor plan. 7 comparable transactions in SEE LEGAL 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