918 Merritt, Lockhart TX 78644

The comparable sales data (4 recent transactions in SOUTH PARK PLACE) supports an estimated value of $447,606. The data suggests a list price between $299,000 and $309,000 would attract qualified buyers without leaving money on the table. This pricing would rank the home as the 2nd most expensive of 6 comparable homes on the market in SOUTH PARK PLACE's current inventory. The 193 sqft size difference versus comparable sales is reflected in the adjusted values. Being built in 1971 (6 years newer than comps) is factored into the value estimate. Current inventory shows 6 comparable homes in SOUTH PARK PLACE; a buyer's market based on recent absorption. Prices in SOUTH PARK PLACE have fallen 40.7% over the last 6 months. A similar home at 808 Vogel DR, Lockhart TX 78644 carries an adjusted comparable value of $440,440, providing a strong data point. The strength of this estimate comes from 4 directly comparable sales in SOUTH PARK PLACE. 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