811 S Oak Ave, Luling TX 78648

After reviewing 7 recent transactions in CAIN, I estimate this property's value at $246,402. A competitive list price for this home right now would fall in the $279,000 to $294,000 range. Relative to what's currently available in CAIN, this home would be the 4th most expensive of 7 comparable homes on the market. The smaller lot (0.26 acres versus the area average of 0.95) contributes to the valuation. The active market in CAIN includes 7 comparable homes priced from $199,000 to $499,900. Prices in 78648 have fallen 2.3% over the last 6 months. A similar home at 101 PARKVIEW DR, Luling TX 78648 carries an adjusted comparable value of $302,600, providing a strong data point. With 7 comparable sales in CAIN, 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