3658 E Pierce, Luling TX 78648

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $268,993. I'd recommend coming to market at $282,000 to $297,000 to strike the right balance between value and market velocity. In the current 78648 market with 3 similar homes available, this price represents the most affordable of 3 comparable homes on the market. The larger floor plan (115 sqft compared to the average comp) is a meaningful differentiator in this price range. Built in 1928, this home is 43 years older than the average comp, which is reflected in the adjustments. Right now, 3 similar properties are competing for buyers in 78648, listed between $284,000 and $354,900. The trend in 78648 shows prices have fallen 21.2% in the past 6 months. 208 S Mulberry Ave, Luling TX 78648 nearby adjusts to $282,307; a strong comparable. Based on 7 relevant data points in 78648, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX