922 Merritt DR, Lockhart TX 78644

Reviewing the most recent comparable transactions, this home's market value falls around $285,291. For a well positioned listing in SOUTH PARK PLACE, I'd target the $309,000 to $327,000 range. In the current SOUTH PARK PLACE market with 5 similar homes available, this price represents the 3rd most expensive of 5 comparable homes on the market. With 5 similar homes currently listed in SOUTH PARK PLACE (a buyer's market), competition is a factor to consider. Recent trends in SOUTH PARK PLACE show home values have fallen 24.5% since 6 months ago. The most comparable recent sale is 808 Vogel DR, Lockhart TX 78644, with an adjusted value of $389,394; a strong comparable. The 5 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