710 S Commerce ST, Lockhart TX 78644

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $278,371. To generate strong buyer interest while maximizing value, I'd price this between $234,000 and $244,000. With 7 comparable homes on the market in SEE LEGAL, this price positions the property as the 4th most expensive of 7 comparable homes on the market. The 1918 construction puts this home 22 years older than the comp average, a factor in the pricing. At 0.43 acres, the lot is larger than the 0.30 acre comp average, which factors into pricing. Current inventory shows 7 comparable homes in SEE LEGAL; a buyer's market based on recent absorption. The trend in 78644 shows prices have fallen 6% in the past 6 months. 807 Ross CIR, Lockhart TX 78644 nearby adjusts to $194,207; a strong comparable. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group