427 Romberg ST, Seguin TX 78155

Based on 7 closed sales in 78155, the data points to a value around $171,691 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $240,000 to $270,000. This home's position in the current 78155 market: the most affordable of 4 comparable homes on the market among comparable properties. Being built in 1968 (29 years older than comps) is factored into the value estimate. Lot size matters here: 0.21 acres versus 0.40 for the typical comp. There are currently 4 similar homes on the market in 78155, ranging from $235,000 to $569,900. Market data shows 78155 prices risen 4.3% over the last half year. The closest comparable sale, 402 Burges ST, Seguin TX 78155 at an adjusted $220,620, is a strong comparable. 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