425 W Austin ST, Luling TX 78648

After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $254,555. Pricing this home between $173,000 and $183,000 would put it in the competitive sweet spot for MAGNOLIA. This home's position in the current MAGNOLIA market: the 3rd most expensive of 7 comparable homes on the market among comparable properties. At 49 years older than typical comps, the 1950 build date influences the valuation. The smaller lot (0.54 acres versus the area average of 0.96) contributes to the valuation. Buyers in MAGNOLIA have 7 comparable options right now, with asking prices between $176,250 and $499,900. Market data shows 78648 prices fallen 15.2% over the last half year. The closest comparable sale, 101 PARKVIEW DR, Luling TX 78648 at an adjusted $296,139, is a strong comparable. With 7 comparable sales in MAGNOLIA, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group