27 & 41 Yellowstone DR, Luling TX 78648

Based on 7 closed sales in 78648, the data points to a value around $266,983 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $307,000 to $309,000. Relative to what's currently available in 78648, this home would be the 4th most expensive of 7 comparable homes on the market. This home's larger footprint (430 sqft vs the comp average) plays a role in how the market prices it. Being built in 1961 (38 years older than comps) is factored into the value estimate. With 7 similar homes currently listed in 78648 (a buyer's market), competition is a factor to consider. Market data shows 78648 prices fallen 15.2% over the last half year. The closest comparable sale, 295 Oak Creek CIR, Luling TX 78648 at an adjusted $194,025, is a strong comparable. The strength of this estimate comes from 7 directly comparable sales in 78648. 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