1021 Bismark ST, Seguin TX 78155

Based on 7 closed sales in 78155, the data points to a value around $170,860 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $219,000 to $232,000. Relative to what's currently available in 78155, this home would be the most affordable of 3 comparable homes on the market. Being built in 1950 (10 years older than comps) is factored into the value estimate. Lot size matters here: 0.23 acres versus 0.68 for the typical comp. Current inventory shows 3 comparable homes in 78155; a buyer's market based on recent absorption. Market data shows 78155 prices risen 8.9% over the last half year. The closest comparable sale, 717 N Heideke ST, Seguin TX 78155 at an adjusted $208,134, is with a smaller floor plan. The strength of this estimate comes from 7 directly comparable sales in 78155. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group