1208 E Pierce ST, Luling TX 78648

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $245,919. To generate strong buyer interest while maximizing value, I'd price this between $200,000 and $210,000. In the current SIMPSON & PARR market with 6 similar homes available, this price represents the most expensive of 6 comparable homes on the market. The 1943 construction puts this home 54 years older than the comp average, a factor in the pricing. At 0.44 acres, the lot is larger than the 0.24 acre comp average, which factors into pricing. 6 similar homes are currently available in SIMPSON & PARR, creating a buyer's market for this price range. The trend in 78648 shows prices have fallen 15.2% in the past 6 months. 220 Spruce Ave, Luling TX 78648 nearby adjusts to $256,685; with a smaller floor plan. 7 comparable transactions in SIMPSON & PARR support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group