144 Lago VIS, Luling TX 78648

Taking into account 7 nearby comparable sales, this property's estimated value comes to $233,068. If we were to list this property today, I'd recommend a list price in the $165,000 to $175,000 range. This home's position in the current 78648 market: the 2nd least expensive of 4 comparable homes on the market among comparable properties. Being built in 1977 (17 years older than comps) is factored into the value estimate. Lot size matters here: 0.30 acres versus 0.23 for the typical comp. Current inventory shows 4 comparable homes in 78648; a buyer's market based on recent absorption. The 6 month price trend in 78648: fallen 15.9%. The best comp here is 101 PARKVIEW DR, Luling TX 78648 at an adjusted value of $294,488, a strong comparable. The strength of this estimate comes from 7 directly comparable sales in 78648. 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