717 S Commerce ST, Lockhart TX 78644

Reviewing the most recent comparable transactions, this home's market value falls around $152,669. For a well positioned listing in W R SMITH, I'd target the $110,000 to $120,000 range. At this price, the property would be the 4th most expensive of 7 comparable homes on the market comparable homes currently on the market in W R SMITH. Being 152 sqft smaller than the average comparable sale in this area impacts the per square foot value. The 1910 construction puts this home 32 years older than the comp average, a factor in the pricing. With 7 similar homes currently listed in W R SMITH (a buyer's market), competition is a factor to consider. Recent trends in 78644 show home values have fallen 7.6% since 6 months ago. The most comparable recent sale is 900 W PRAIRIE LEA ST, Lockhart TX 78644, with an adjusted value of $177,961; a strong comparable. 7 comparable transactions in W R SMITH support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group