896 N Magnolia Ave, Luling TX 78648

7 recent sales in the surrounding area of this address suggest a current value of $159,586. My recommended list price range for this property would be $189,000 to $192,000. Against 6 similar active listings in 78648, this price point lands at the most affordable of 6 comparable homes on the market. Built in 1923, this home is 71 years older than the average comp, which is reflected in the adjustments. The 0.24 acre lot (larger than the 0.20 acre average) is reflected in the estimate. Current inventory shows 6 comparable homes in 78648; a buyer's market based on recent absorption. In 78648, home values have fallen approximately 15.2% over the past 6 months. One of the strongest data points is 305 Ivy Ave, Luling TX 78648, adjusting to $159,884; a strong comparable. Based on 7 relevant data points in 78648, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX