713 1/2 S Pecan, Luling TX 78648

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $203,003. To generate strong buyer interest while maximizing value, I'd price this between $226,000 and $228,000. Against 4 similar active listings in 78648, this price point lands at the 2nd least expensive of 4 comparable homes on the market. The 1998 construction puts this home 13 years older than the comp average, a factor in the pricing. At 0.00 acres, the lot is smaller than the 0.89 acre comp average, which factors into pricing. With 4 similar homes currently listed in 78648 (a buyer's market), competition is a factor to consider. The trend in 78648 shows prices have fallen 16.3% in the past 6 months. 212 WALNUT Ave, Luling TX 78648 nearby adjusts to $227,643; a strong comparable. 7 comparable transactions in 78648 support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group