606 Wichita ST, Lockhart TX 78644

The estimated value of this property is $172,891, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $243,000 and $278,000. Against 6 similar active listings in LOCKHART BYRD, this price point lands at the most affordable of 6 comparable homes on the market. Built in 1925, this home is 56 years older than the average comp, which is reflected in the adjustments. The 0.25 acre lot (larger than the 0.21 acre average) is reflected in the estimate. With 6 similar homes currently listed in LOCKHART BYRD (a buyer's market), competition is a factor to consider. Recent trends in 78644 show home values have risen 5.6% since 6 months ago. The most comparable recent sale is 140 Elm ST, Lockhart TX 78644, with an adjusted value of $165,220; a strong comparable. Based on 7 relevant data points in LOCKHART BYRD, 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