514 San Marcos Highway, Luling TX 78648

Taking into account 7 nearby comparable sales, this property's estimated value comes to $273,366. If we were to list this property today, I'd recommend a list price in the $333,000 to $340,000 range. This pricing would rank the home as the most affordable of 3 comparable homes on the market in 78648's current inventory. The larger floor plan (752 sqft compared to the average comp) is a meaningful differentiator in this price range. Being built in 1961 (32 years older than comps) is factored into the value estimate. Current inventory shows 3 comparable homes in 78648; a buyer's market based on recent absorption. The 6 month price trend in 78648: fallen 15.2%. The best comp here is 400 Woody Hollow RD, Luling TX 78648 at an adjusted value of $286,927, 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