633 RUNNING CRK, Seguin TX 78155

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $257,111. I'd recommend coming to market at $204,000 to $214,000 to strike the right balance between value and market velocity. With 2 comparable homes on the market in 78155, this price positions the property as the most expensive of 2 comparable homes on the market. Built in 1987, this home is 16 years older than the average comp, which is reflected in the adjustments. The 0.21 acre lot (smaller than the 0.43 acre average) is reflected in the estimate. With 2 similar homes currently listed in 78155 (a buyer's market), competition is a factor to consider. The trend in 78155 shows prices have fallen 4.3% in the past 6 months. 1068 E Walnut ST, Seguin TX 78155 nearby adjusts to $161,700; with a smaller floor plan. Based on 7 relevant data points in 78155, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX