1325 Oak Grove RD, Luling TX 78648

After reviewing 4 recent transactions in 78648, I estimate this property's value at $457,437. A competitive list price for this home right now would fall in the $578,000 to $782,000 range. This would position the home competitively among 2 active listings in 78648. At 1,730 sqft larger than the typical comp, the size difference factors into the valuation. The larger lot (9.82 acres versus the area average of 7.85) contributes to the valuation. With 2 similar homes currently listed in 78648 (a buyer's market), competition is a factor to consider. Prices in 78648 have fallen 8.9% over the last 6 months. A similar home at 465 Catfish LN, Lockhart TX 78644 carries an adjusted comparable value of $578,128, providing a strong data point. The comp data here (4 sales in 78648) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus