700 S Walnut Ave, Luling TX 78648

My analysis of 7 comparable properties puts this home's estimated value at $259,828. Based on how the local market is moving, a list price between $283,000 and $285,000 would position this home well. This home's position in the current 78648 market: the most affordable of 2 comparable homes on the market among comparable properties. This home's larger footprint (230 sqft vs the comp average) plays a role in how the market prices it. At 68 years older than typical comps, the 1910 build date influences the valuation. With 2 similar homes currently listed in 78648 (a buyer's market), competition is a factor to consider. The 6 month price trend in 78648: fallen 15.2%. The best comp here is 700 S Walnut Ave, Luling TX 78648 at an adjusted value of $285,000, a strong comparable. The comp data here (7 sales in 78648) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus