923 Plum ST, Lockhart TX 78644

After reviewing 3 recent transactions in TRAMMEL REV, I estimate this property's value at $279,329. A competitive list price for this home right now would fall in the $188,000 to $198,000 range. This pricing would rank the home as the most expensive of 4 comparable homes on the market in TRAMMEL REV's current inventory. This home's larger footprint (218 sqft vs the comp average) plays a role in how the market prices it. At 9 years newer than typical comps, the 1951 build date influences the valuation. Current inventory shows 4 comparable homes in TRAMMEL REV; a buyer's market based on recent absorption. Prices in 78644 have fallen 5.2% over the last 6 months. A similar home at 900 W PRAIRIE LEA ST, Lockhart TX 78644 carries an adjusted comparable value of $220,210, providing a strong data point. The comp data here (3 sales in TRAMMEL REV) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus