100 E Austin, Luling TX 78648

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $157,551. I'd recommend coming to market at $189,000 to $193,000 to strike the right balance between value and market velocity. In the current WATKINS market with 3 similar homes available, this price represents the 2nd most expensive of 3 comparable homes on the market. Built in 1925, this home is 69 years older than the average comp, which is reflected in the adjustments. Current inventory shows 3 comparable homes in WATKINS; a buyer's market based on recent absorption. The trend in 78648 shows prices have fallen 15.2% in the past 6 months. 112 Palmo DR, Luling TX 78648 nearby adjusts to $193,901; a strong comparable. Based on 7 relevant data points in WATKINS, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX