901 Mimosa DR, Lockhart TX 78644

Based on 7 closed sales in MONTE VISTA, the data points to a value around $230,565 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $303,000 to $305,000. Relative to what's currently available in MONTE VISTA, this home would be the 2nd most expensive of 4 comparable homes on the market. Being 180 sqft smaller than the average comparable sale in this area impacts the per square foot value. Being built in 1984 (24 years newer than comps) is factored into the value estimate. With 4 similar homes currently listed in MONTE VISTA (a buyer's market), competition is a factor to consider. Market data shows 78644 prices fallen 6% over the last half year. The closest comparable sale, 200 Mockingbird LN # B, Lockhart TX 78644 at an adjusted $141,698, is a strong comparable. The strength of this estimate comes from 7 directly comparable sales in MONTE VISTA. 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