222 W Humphreys ST, Seguin TX 78155

The market data from 7 similar recent sales in FARM points to a value of approximately $396,496. To sell within a reasonable timeframe at fair market value, the $389,000 to $404,000 range is where I'd position this. Among the similar homes currently available in FARM, this price point stands out as competitive. The 1910 construction puts this home 91 years older than the comp average, a factor in the pricing. At 0.26 acres, the lot is larger than the 0.20 acre comp average, which factors into pricing. Current inventory shows 1 comparable homes in FARM; a buyer's market based on recent absorption. In 78155, home values have risen approximately 12.3% over the past 6 months. One of the strongest data points is 216 E Cedar ST, Seguin TX 78155, adjusting to $306,772; with a larger floor plan and a pool. 7 comparable transactions in FARM 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