520 W Austin ST, Luling TX 78648

After reviewing 7 recent transactions in 78648, I estimate this property's value at $223,671. A competitive list price for this home right now would fall in the $156,000 to $166,000 range. This home's position in the current 78648 market: the 3rd least expensive of 7 comparable homes on the market among comparable properties. At 102 sqft smaller than the typical comp, the size difference factors into the valuation. At 56 years older than typical comps, the 1940 build date influences the valuation. Right now, 7 similar properties are competing for buyers in 78648, listed between $155,000 and $499,900. Prices in 78648 have fallen 15.2% over the last 6 months. A similar home at 112 Palmo DR, Luling TX 78648 carries an adjusted comparable value of $246,710, providing a strong data point. With 7 comparable sales in 78648, 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