150 Lancelot LN, Maxwell TX 78656

After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $276,764. Pricing this home between $225,000 and $235,000 would put it in the competitive sweet spot for 78656. Buyers shopping in 78656 right now would see this as a well positioned option among 7 comparable homes. At 16 years older than typical comps, the 2002 build date influences the valuation. The larger lot (1.03 acres versus the area average of 0.30) contributes to the valuation. Right now, 7 similar properties are competing for buyers in 78656, listed between $231,999 and $335,900. Market data shows 78656 prices fallen 16.6% over the last half year. The closest comparable sale, 548 Lisbon Ave, Maxwell TX 78656 at an adjusted $238,805, is a strong comparable. 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