706 Melba ST, Schulenburg TX 78956

The market data from 7 similar recent sales in 78956 points to a value of approximately $171,958. To sell within a reasonable timeframe at fair market value, the $207,000 to $215,000 range is where I'd position this. Against 3 similar active listings in 78956, this price point lands at the most affordable of 3 comparable homes on the market. The 267 sqft size difference versus comparable sales is reflected in the adjusted values. The 1950 construction puts this home 12 years older than the comp average, a factor in the pricing. There are currently 3 similar homes on the market in 78956, ranging from $189,500 to $347,000. In 78956, home values have fallen approximately 8.3% over the past 6 months. One of the strongest data points is 208 Matula Ave, Schulenburg TX 78956, adjusting to $156,169; with a larger floor plan. 7 comparable transactions in 78956 support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group