233 Elm Ave, Luling TX 78648

The comparable sales data (7 recent transactions in MORRIS SPENCER) supports an estimated value of $188,527. The data suggests a list price between $89,000 and $99,000 would attract qualified buyers without leaving money on the table. This pricing would rank the home as the 4th most expensive of 7 comparable homes on the market in MORRIS SPENCER's current inventory. Being built in 1948 (40 years older than comps) is factored into the value estimate. Lot size matters here: 0.55 acres versus 0.24 for the typical comp. The active market in MORRIS SPENCER includes 7 comparable homes priced from $84,500 to $249,900. Prices in 78648 have fallen 13.3% over the last 6 months. A similar home at 112 Palmo DR, Luling TX 78648 carries an adjusted comparable value of $225,355, providing a strong data point. The strength of this estimate comes from 7 directly comparable sales in MORRIS SPENCER. 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