618 S Oak Ave, Luling TX 78648

My analysis of 7 comparable properties puts this home's estimated value at $187,640. Based on how the local market is moving, a list price between $198,000 and $208,000 would position this home well. Relative to what's currently available in COLLINS, this home would be the 2nd least expensive of 6 comparable homes on the market. This home's smaller footprint (181 sqft vs the comp average) plays a role in how the market prices it. At 40 years older than typical comps, the 1952 build date influences the valuation. Current inventory shows 6 comparable homes in COLLINS; a buyer's market based on recent absorption. The 6 month price trend in 78648: fallen 15.2%. The best comp here is 305 Ivy Ave, Luling TX 78648 at an adjusted value of $171,813, a strong comparable. With 7 comparable sales in COLLINS, 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