1817 E Davis ST, Luling TX 78648

The market data from 7 similar recent sales in SPENCER MORRIS points to a value of approximately $273,495. To sell within a reasonable timeframe at fair market value, the $338,000 to $341,000 range is where I'd position this. Against 4 similar active listings in SPENCER MORRIS, this price point lands at the most affordable of 4 comparable homes on the market. The 1950 construction puts this home 38 years older than the comp average, a factor in the pricing. At 0.65 acres, the lot is larger than the 0.23 acre comp average, which factors into pricing. The active market in SPENCER MORRIS includes 4 comparable homes priced from $289,000 to $354,900. In 78648, home values have fallen approximately 15.2% over the past 6 months. One of the strongest data points is 208 S Mulberry Ave, Luling TX 78648, adjusting to $283,945; a strong comparable. 7 comparable transactions in SPENCER MORRIS 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