900 E Austin ST, Luling TX 78648

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $182,279. I'd recommend coming to market at $140,000 to $150,000 to strike the right balance between value and market velocity. With 7 comparable homes on the market in OT LULING, this price positions the property as the 2nd least expensive of 7 comparable homes on the market. The 130 sqft size difference versus comparable sales is reflected in the adjusted values. Built in 1940, this home is 43 years older than the average comp, which is reflected in the adjustments. 7 similar homes are currently available in OT LULING, creating a buyer's market for this price range. The trend in 78648 shows prices have fallen 15.2% in the past 6 months. 212 WALNUT Ave, Luling TX 78648 nearby adjusts to $212,268; with a larger floor plan. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group