802 N Commerce ST, Lockhart TX 78644

The estimated value of this property is $130,515, based on 7 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $77,000 and $87,000. In the current WAREHOUSE market with 4 similar homes available, this price represents the most expensive of 4 comparable homes on the market. Being 567 sqft smaller than the average comparable sale in this area impacts the per square foot value. Built in 1925, this home is 39 years older than the average comp, which is reflected in the adjustments. Right now, 4 similar properties are competing for buyers in WAREHOUSE, listed between $79,999 and $104,500. Recent trends in 78644 show home values have fallen 0.5% since 6 months ago. The most comparable recent sale is 906 E Live Oak ST, Lockhart TX 78644, with an adjusted value of $152,176; with a larger floor plan. Based on 7 relevant data points in WAREHOUSE, 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