111 Summit ST, Schulenburg TX 78956

After reviewing 7 recent transactions in 78956, I estimate this property's value at $198,646. A competitive list price for this home right now would fall in the $217,000 to $267,000 range. Relative to what's currently available in 78956, this home would be the most affordable of 2 comparable homes on the market. The larger floor plan (223 sqft compared to the average comp) is a meaningful differentiator in this price range. The smaller lot (0.19 acres versus the area average of 0.32) contributes to the valuation. Current inventory shows 2 comparable homes in 78956; a buyer's market based on recent absorption. Prices in 78956 have risen 47.4% over the last 6 months. A similar home at 208 Matula Ave, Schulenburg TX 78956 carries an adjusted comparable value of $179,029, providing a strong data point. With 7 comparable sales in 78956, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group