705 Blue Stem DR, Lockhart TX 78644

After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $173,586. Pricing this home between $202,000 and $214,000 would put it in the competitive sweet spot for LAKE VIEW. Relative to what's currently available in LAKE VIEW, this home would be the 2nd least expensive of 4 comparable homes on the market. The smaller lot (0.13 acres versus the area average of 0.21) contributes to the valuation. Current inventory shows 4 comparable homes in LAKE VIEW; a buyer's market based on recent absorption. Market data shows 78644 prices fallen 6% over the last half year. The closest comparable sale, 1407 Pendergrass ST, Lockhart TX 78644 at an adjusted $189,155, is with a smaller floor plan. The comp data here (7 sales in LAKE VIEW) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus