936 W Prairie Lea ST, Lockhart TX 78644

After reviewing 7 recent transactions in 78644, I estimate this property's value at $282,773. A competitive list price for this home right now would fall in the $230,000 to $240,000 range. Relative to what's currently available in 78644, this home would be the 4th most expensive of 7 comparable homes on the market. At 46 years older than typical comps, the 1945 build date influences the valuation. The larger lot (0.25 acres versus the area average of 0.21) contributes to the valuation. With 7 similar homes currently listed in 78644 (a buyer's market), competition is a factor to consider. Prices in 78644 have fallen 8.2% over the last 6 months. A similar home at 811 Ross CIR, Lockhart TX 78644 carries an adjusted comparable value of $217,523, providing a strong data point. With 7 comparable sales in 78644, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group