1516 Gateshead DR, Seguin TX 78155

After reviewing 7 recent transactions in 78155, I estimate this property's value at $251,639. A competitive list price for this home right now would fall in the $268,000 to $307,000 range. This would position the home competitively among 2 active listings in 78155. At 11 years newer than typical comps, the 2016 build date influences the valuation. The smaller lot (0.14 acres versus the area average of 1.48) contributes to the valuation. Current inventory shows 2 comparable homes in 78155; a buyer's market based on recent absorption. Prices in 78155 have risen 8.9% over the last 6 months. A similar home at 1032 Sandwell CT, Seguin TX 78155 carries an adjusted comparable value of $229,383, providing a strong data point. With 7 comparable sales in 78155, 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