812 First ST, Lockhart TX 78644

Reviewing the most recent comparable transactions, this home's market value falls around $101,309. For a well positioned listing in OAKVIEW, I'd target the $70,000 to $80,000 range. At this price, the property would be the 2nd most expensive of 3 comparable homes on the market comparable homes currently on the market in OAKVIEW. At 322 sqft smaller than the typical comp, the size difference factors into the valuation. At 0.07 acres, the lot is smaller than the 0.16 acre comp average, which factors into pricing. With 3 similar homes currently listed in OAKVIEW (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 513 Ruddy ST, Lockhart TX 78644, with an adjusted value of $75,219; with a larger floor plan. 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