1100 CALLIHAN RD, Luling TX 78648

Based on 4 closed sales in RIVER OAKS RANCH NORTH, the data points to a value around $427,816 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $332,000 to $338,000. This pricing would rank the home as the most expensive of 2 comparable homes on the market in RIVER OAKS RANCH NORTH's current inventory. Being 119 sqft larger than the average comparable sale in this area impacts the per square foot value. Being built in 2022 (8 years newer than comps) is factored into the value estimate. With 2 similar homes currently listed in RIVER OAKS RANCH NORTH (a buyer's market), competition is a factor to consider. Market data shows 78648 prices fallen 15.2% over the last half year. The closest comparable sale, 3675 Callihan RD, Luling TX 78648 at an adjusted $506,588, is a strong comparable. The strength of this estimate comes from 4 directly comparable sales in RIVER OAKS RANCH NORTH. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group