706 Melba ST, Schulenburg TX 78956

The market data from 4 similar recent sales in 78956 points to a value of approximately $214,581. To sell within a reasonable timeframe at fair market value, the $161,000 to $171,000 range is where I'd position this. Against 3 similar active listings in 78956, this price point lands at the most expensive of 3 comparable homes on the market. The 1950 construction puts this home 5 years older than the comp average, a factor in the pricing. At 0.27 acres, the lot is larger than the 0.17 acre comp average, which factors into pricing. There are currently 3 similar homes on the market in 78956, ranging from $159,450 to $389,000. In 78956, home values have risen approximately 56.4% over the past 6 months. One of the strongest data points is 512 Baumgarten ST, Schulenburg TX 78956, adjusting to $241,036; a strong comparable. 4 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