Taking into account 7 nearby comparable sales, this property's estimated value comes to $260,121. If we were to list this property today, I'd recommend a list price in the $277,000 to $288,000 range. Buyers shopping in SPENCER MORRIS right now would see this as a well positioned option among 2 comparable homes. The 353 sqft size difference versus comparable sales is reflected in the adjusted values. Being built in 1930 (53 years older than comps) is factored into the value estimate. Buyers in SPENCER MORRIS have 2 comparable options right now, with asking prices between $205,000 and $499,900. The 6 month price trend in 78648: fallen 15.2%. The best comp here is 500 WILD GOOSE DR, Luling TX 78648 at an adjusted value of $247,993, a strong comparable. The strength of this estimate comes from 7 directly comparable sales in SPENCER MORRIS. 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