123 River Park DR, Luling TX 78648

The market data from 7 similar recent sales in 78648 points to a value of approximately $229,713. To sell within a reasonable timeframe at fair market value, the $225,000 to $234,000 range is where I'd position this. In the current 78648 market with 6 similar homes available, this price represents the most affordable of 6 comparable homes on the market. At 203 sqft larger than the typical comp, the size difference factors into the valuation. The 2006 construction puts this home 13 years newer than the comp average, a factor in the pricing. The active market in 78648 includes 6 comparable homes priced from $220,000 to $485,000. In 78648, home values have fallen approximately 15.3% over the past 6 months. One of the strongest data points is 152 Eagle DR, Luling TX 78648, adjusting to $163,139; a strong comparable. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group