703 Guadalimar ST, Lockhart TX 78644

Based on 7 closed sales in MONTE VISTA, the data points to a value around $229,057 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $128,000 to $138,000. This home's position in the current MONTE VISTA market: the 2nd least expensive of 7 comparable homes on the market among comparable properties. Being built in 1983 (11 years newer than comps) is factored into the value estimate. Lot size matters here: 0.20 acres versus 0.35 for the typical comp. The active market in MONTE VISTA includes 7 comparable homes priced from $140,000 to $385,000. Market data shows 78644 prices fallen 6% over the last half year. The closest comparable sale, 140 Elm ST, Lockhart TX 78644 at an adjusted $193,130, is a strong comparable. The strength of this estimate comes from 7 directly comparable sales in MONTE VISTA. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group