2403 Jake DR, Copperas Cove TX 76522

Reviewing the most recent comparable transactions, this home's market value falls around $226,552. For a well positioned listing in 76522, I'd target the $242,000 to $250,000 range. In the current 76522 market with 3 similar homes available, this price represents the 2nd most expensive of 3 comparable homes on the market. Being 162 sqft smaller than the average comparable sale in this area impacts the per square foot value. The 2005 construction puts this home 6 years older than the comp average, a factor in the pricing. Current inventory shows 3 comparable homes in 76522; a balanced market based on recent absorption. Recent trends in 76522 show home values have fallen 3.3% since 6 months ago. The most comparable recent sale is 2008 Griffin DR, Copperas Cove TX 76522, with an adjusted value of $240,085; a strong comparable. The 3 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group