130 Lancelot LN, Maxwell TX 78656

The market data from 7 similar recent sales in CASTLE HILL points to a value of approximately $243,985. To sell within a reasonable timeframe at fair market value, the $246,000 to $247,000 range is where I'd position this. Against 7 similar active listings in CASTLE HILL, this price point lands at the 2nd most expensive of 7 comparable homes on the market. The larger floor plan (125 sqft compared to the average comp) is a meaningful differentiator in this price range. The 2000 construction puts this home 18 years older than the comp average, a factor in the pricing. The active market in CASTLE HILL includes 7 comparable homes priced from $231,999 to $256,990. In 78656, home values have fallen approximately 16.6% over the past 6 months. One of the strongest data points is 548 Lisbon Ave, Maxwell TX 78656, adjusting to $237,255; a strong comparable. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group