157 Iron Mountain, Luling TX 78648

Reviewing the most recent comparable transactions, this home's market value falls around $227,165. For a well positioned listing in 78648, I'd target the $220,000 to $234,000 range. Among the similar homes currently available in 78648, this price point stands out as competitive. Being 720 sqft larger than the average comparable sale in this area impacts the per square foot value. At 5.03 acres, the lot is larger than the 0.21 acre comp average, which factors into pricing. Current inventory shows 1 comparable homes in 78648; a buyer's market based on recent absorption. Recent trends in 78648 show home values have fallen 15.2% since 6 months ago. The most comparable recent sale is 180 Eagle DR, Luling TX 78648, with an adjusted value of $234,599; with a smaller floor plan. 4 comparable transactions in 78648 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