525 E Davilla Ave, Rockdale TX 76567

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $243,317. I'd recommend coming to market at $125,000 to $135,000 to strike the right balance between value and market velocity. With 3 comparable homes on the market in 76567, this price positions the property as the most expensive of 3 comparable homes on the market. Being 108 sqft larger than the average comparable sale in this area impacts the per square foot value. Built in 1960, this home is 10 years older than the average comp, which is reflected in the adjustments. Current inventory shows 3 comparable homes in 76567; a buyer's market based on recent absorption. The trend in 76567 shows prices have fallen 8% in the past 6 months. 501 San Gabriel ST, Rockdale TX 76567 nearby adjusts to $219,128; with a smaller floor plan. With 4 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