219 Elm Ave, Luling TX 78648

My analysis of 7 comparable properties puts this home's estimated value at $166,406. Based on how the local market is moving, a list price between $183,000 and $193,000 would position this home well. This home's position in the current A018 market: the 2nd most expensive of 3 comparable homes on the market among comparable properties. The smaller floor plan (250 sqft compared to the average comp) is a meaningful differentiator in this price range. At 42 years older than typical comps, the 1945 build date influences the valuation. With 3 similar homes currently listed in A018 (a buyer's market), competition is a factor to consider. The 6 month price trend in 78648: fallen 15.2%. The best comp here is 408 Griffin ST, Luling TX 78648 at an adjusted value of $182,595, a strong comparable. The comp data here (7 sales in A018) 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