901 S Pecan Ave, Luling TX 78648

The estimated value of this property is $266,868, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $286,000 and $316,000. Against 5 similar active listings in 78648, this price point lands at the most affordable of 5 comparable homes on the market. This home's larger footprint (643 sqft vs the comp average) plays a role in how the market prices it. Built in 1950, this home is 43 years older than the average comp, which is reflected in the adjustments. Right now, 5 similar properties are competing for buyers in 78648, listed between $250,000 and $354,900. Recent trends in 78648 show home values have fallen 15.2% since 6 months ago. The most comparable recent sale is 295 Oak Creek CIR, Luling TX 78648, with an adjusted value of $215,827; with a smaller 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