901 Merritt DR, Lockhart TX 78644

Based on 4 closed sales in 78644, the data points to a value around $230,962 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $249,000 to $273,000. Relative to what's currently available in 78644, this home would be the most affordable of 3 comparable homes on the market. Being built in 1974 (7 years older than comps) is factored into the value estimate. There are currently 3 similar homes on the market in 78644, ranging from $225,000 to $309,999. Market data shows 78644 prices risen 9.1% over the last half year. The closest comparable sale, 811 Ross CIR, Lockhart TX 78644 at an adjusted $239,283, is a strong comparable. The strength of this estimate comes from 4 directly comparable sales in 78644. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group