233 Elm Ave, Luling TX 78648

The comparable sales data (7 recent transactions in MORRIS SPENCER) supports an estimated value of $191,735. The data suggests a list price between $140,000 and $150,000 would attract qualified buyers without leaving money on the table. This pricing would rank the home as the 2nd least expensive of 7 comparable homes on the market in MORRIS SPENCER's current inventory. The 132 sqft size difference versus comparable sales is reflected in the adjusted values. Being built in 1948 (46 years older than comps) is factored into the value estimate. The active market in MORRIS SPENCER includes 7 comparable homes priced from $155,000 to $499,900. Prices in 78648 have fallen 15.2% over the last 6 months. A similar home at 112 Palmo DR, Luling TX 78648 carries an adjusted comparable value of $225,353, 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