813 Center ST, Lockhart TX 78644

After adjusting 4 comparable sales for differences in size, age, and features, this home's estimated value is $186,339. Pricing this home between $156,000 and $166,000 would put it in the competitive sweet spot for SOUTH PARK PLACE. Relative to what's currently available in SOUTH PARK PLACE, this home would be the most expensive of 3 comparable homes on the market. At 10 years older than typical comps, the 1972 build date influences the valuation. The larger lot (0.25 acres versus the area average of 0.21) contributes to the valuation. With 3 similar homes currently listed in SOUTH PARK PLACE (a buyer's market), competition is a factor to consider. Market data shows SOUTH PARK PLACE prices fallen 26.7% over the last half year. The closest comparable sale, 707 Center ST, Lockhart TX 78644 at an adjusted $193,197, is with a larger floor plan. With 4 comparable sales in SOUTH PARK PLACE, 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