900 W PRAIRIE LEA ST, Lockhart TX 78644

Reviewing the most recent comparable transactions, this home's market value falls around $149,685. For a well positioned listing in FRANCIS BERRY, I'd target the $85,000 to $95,000 range. With 4 comparable homes on the market in FRANCIS BERRY, this price positions the property as the most expensive of 4 comparable homes on the market. The 1938 construction puts this home 21 years older than the comp average, a factor in the pricing. At 0.25 acres, the lot is larger than the 0.21 acre comp average, which factors into pricing. With 4 similar homes currently listed in FRANCIS BERRY (a buyer's market), competition is a factor to consider. Recent trends in 78644 show home values have risen 2.5% since 6 months ago. The most comparable recent sale is 601 Clearfork ST, Lockhart TX 78644, with an adjusted value of $136,474; a strong comparable. 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