925 S Pecan Ave, Luling TX 78648

The market data from 7 similar recent sales in 78648 points to a value of approximately $280,212. To sell within a reasonable timeframe at fair market value, the $301,000 to $335,000 range is where I'd position this. In the current 78648 market with 2 similar homes available, this price represents the most affordable of 2 comparable homes on the market. This home's larger footprint (439 sqft vs the comp average) plays a role in how the market prices it. The 1962 construction puts this home 24 years older than the comp average, a factor in the pricing. Current inventory shows 2 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 607 E Milam ST, Luling TX 78648, adjusting to $253,840; with a smaller floor plan. 7 comparable transactions in 78648 support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group