107 S 1st ST, Lometa TX 76853

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $156,690. I'd recommend coming to market at $152,000 to $161,000 to strike the right balance between value and market velocity. Against 1 similar active listings in 76853, this price point lands at below the only comparable home currently on the market. At 663 sqft larger than the typical comp, the size difference factors into the valuation. Built in 1960, this home is 52 years older than the average comp, which is reflected in the adjustments. Current inventory shows 1 comparable homes in 76853; based on recent absorption. 412 Mulberry ST, Lometa TX 76853 nearby adjusts to $173,775; with a smaller floor plan. With 3 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group