602 S Oak Ave, Luling TX 78648

The market data from 7 similar recent sales in COLLINS points to a value of approximately $274,504. To sell within a reasonable timeframe at fair market value, the $318,000 to $353,000 range is where I'd position this. With 7 comparable homes on the market in COLLINS, this price positions the property as the 2nd least expensive of 7 comparable homes on the market. This home's larger footprint (396 sqft vs the comp average) plays a role in how the market prices it. Current inventory shows 7 comparable homes in COLLINS; a buyer's market based on recent absorption. In 78648, home values have fallen approximately 15.2% over the past 6 months. One of the strongest data points is 295 Oak Creek CIR, Luling TX 78648, adjusting to $230,128; with a smaller floor plan. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group