833 S Main, Schulenburg TX 78956

Reviewing the most recent comparable transactions, this home's market value falls around $225,630. For a well positioned listing in 78956, I'd target the $168,000 to $178,000 range. With 4 comparable homes on the market in 78956, this price positions the property as the 2nd least expensive of 4 comparable homes on the market. This home's larger footprint (375 sqft vs the comp average) plays a role in how the market prices it. At 0.18 acres, the lot is smaller than the 0.32 acre comp average, which factors into pricing. Current inventory shows 4 comparable homes in 78956; a buyer's market based on recent absorption. Recent trends in 78956 show home values have fallen 8.3% since 6 months ago. The most comparable recent sale is 515 Wolf ST, Schulenburg TX 78956, with an adjusted value of $310,711; with a larger floor plan. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group