706 Campbell, Lockhart TX 78644

The estimated value of this property is $374,550, based on 4 comparable sales within a few blocks. In today's market, I'd bring this home to market somewhere between $443,000 and $445,000. Against 6 similar active listings in 78644, this price point lands at the 2nd least expensive of 6 comparable homes on the market. At 277 sqft larger than the typical comp, the size difference factors into the valuation. Built in 1956, this home is 9 years older than the average comp, which is reflected in the adjustments. With 6 similar homes currently listed in 78644 (a buyer's market), competition is a factor to consider. Recent trends in 78644 show home values have fallen 6% since 6 months ago. The most comparable recent sale is 800 Vogel DR, Lockhart TX 78644, with an adjusted value of $422,315; with a smaller floor plan. Based on 4 relevant data points in 78644, 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