890 S Magnolia Ave, Luling TX 78648

The comparable sales data (7 recent transactions in SPENCER MORRIS) supports an estimated value of $295,484. The data suggests a list price between $231,000 and $241,000 would attract qualified buyers without leaving money on the table. This pricing would rank the home as the 4th most expensive of 7 comparable homes on the market in SPENCER MORRIS's current inventory. This home's larger footprint (230 sqft vs the comp average) plays a role in how the market prices it. Being built in 1945 (37 years older than comps) is factored into the value estimate. With 7 similar homes currently listed in SPENCER MORRIS (a buyer's market), competition is a factor to consider. Prices in 78648 have fallen 15.2% over the last 6 months. A similar home at 208 S Mulberry Ave, Luling TX 78648 carries an adjusted comparable value of $280,226, providing a strong data point. The strength of this estimate comes from 7 directly comparable sales in SPENCER MORRIS. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group