426 N Milam ST, Seguin TX 78155

The market data from 7 similar recent sales in 78155 points to a value of approximately $414,364. To sell within a reasonable timeframe at fair market value, the $406,000 to $423,000 range is where I'd position this. With 1 comparable homes on the market in 78155, this price positions the property as below the only comparable home currently on the market. This home's larger footprint (487 sqft vs the comp average) plays a role in how the market prices it. The 1911 construction puts this home 61 years older than the comp average, a factor in the pricing. There are currently 1 similar homes on the market in 78155, ranging from $899,900 to $899,900. In 78155, home values have risen approximately 35.4% over the past 6 months. One of the strongest data points is 216 E Cedar ST, Seguin TX 78155, adjusting to $345,744; with a larger floor plan and a pool. 7 comparable transactions in 78155 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