370 Martindale Lake RD, Maxwell TX 78656

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $268,592. I'd recommend coming to market at $261,000 to $277,000 to strike the right balance between value and market velocity. With 0 comparable homes on the market in 78656, this price positions the property as no active comparable homes on the market. The smaller floor plan (610 sqft compared to the average comp) is a meaningful differentiator in this price range. Built in 1960, this home is 10 years older than the average comp, which is reflected in the adjustments. The trend in 78656 shows prices have fallen 15.7% in the past 6 months. 711 Fir LN, Lockhart TX 78644 nearby adjusts to $286,393; with a larger floor plan. With 5 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