271 Kinsey TRL, Luling TX 78648

Reviewing the most recent comparable transactions, this home's market value falls around $346,677. For a well positioned listing in MORRISON, I'd target the $265,000 to $275,000 range. In the current MORRISON market with 2 similar homes available, this price represents the most expensive of 2 comparable homes on the market. The larger floor plan (656 sqft compared to the average comp) is a meaningful differentiator in this price range. The 1984 construction puts this home 22 years older than the comp average, a factor in the pricing. Current inventory shows 2 comparable homes in MORRISON; a buyer's market based on recent absorption. Recent trends in 78648 show home values have fallen 15.2% since 6 months ago. The most comparable recent sale is 400 Woody Hollow RD, Luling TX 78648, with an adjusted value of $320,035; with a larger floor plan. The 6 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group