720 S Main ST, Lockhart TX 78644

After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $221,344. Pricing this home between $136,000 and $146,000 would put it in the competitive sweet spot for W R SMITH. This home's position in the current W R SMITH market: the 2nd most expensive of 7 comparable homes on the market among comparable properties. At 33 years older than typical comps, the 1940 build date influences the valuation. The smaller lot (0.16 acres versus the area average of 0.21) contributes to the valuation. There are currently 7 similar homes on the market in W R SMITH, ranging from $140,000 to $275,000. Market data shows 78644 prices fallen 6% over the last half year. The closest comparable sale, 711 S Commerce ST, Lockhart TX 78644 at an adjusted $177,681, is a strong comparable. With 7 comparable sales in W R SMITH, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group