115 Lancelot, Maxwell TX 78656

After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $261,318. Pricing this home between $267,000 and $268,000 would put it in the competitive sweet spot for 78656. Relative to what's currently available in 78656, this home would be the 3rd most expensive of 7 comparable homes on the market. Being 282 sqft larger than the average comparable sale in this area impacts the per square foot value. At 20 years older than typical comps, the 2003 build date influences the valuation. With 7 similar homes currently listed in 78656 (a buyer's market), competition is a factor to consider. Market data shows 78656 prices fallen 16.6% over the last half year. The closest comparable sale, 559 Paris ST, Maxwell TX 78656 at an adjusted $256,126, is with a smaller floor plan. The comp data here (7 sales in 78656) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus