505 S Pecan ST, Luling TX 78648

The estimated value of this property is $285,240, based on 7 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $310,000 and $317,000. With 7 comparable homes on the market in O T LULING, this price positions the property as the 3rd most expensive of 7 comparable homes on the market. This home's larger footprint (124 sqft vs the comp average) plays a role in how the market prices it. Built in 1950, this home is 19 years older than the average comp, which is reflected in the adjustments. Right now, 7 similar properties are competing for buyers in O T LULING, listed between $249,500 and $354,900. Recent trends in 78648 show home values have fallen 15.2% since 6 months ago. The most comparable recent sale is 125 Hillview DR, Luling TX 78648, with an adjusted value of $266,671; with a larger floor plan. Based on 7 relevant data points in O T LULING, 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