408 Texas ST, Copperas Cove TX 76522

Reviewing the most recent comparable transactions, this home's market value falls around $167,809. For a well positioned listing in COLONIAL PARK, I'd target the $217,000 to $222,000 range. Against 7 similar active listings in COLONIAL PARK, this price point lands at the most affordable of 7 comparable homes on the market. The larger floor plan (286 sqft compared to the average comp) is a meaningful differentiator in this price range. The 1988 construction puts this home 5 years newer than the comp average, a factor in the pricing. Right now, 7 similar properties are competing for buyers in COLONIAL PARK, listed between $185,000 and $250,000. Recent trends in 76522 show home values have fallen 4.4% since 6 months ago. The most comparable recent sale is 909 N 4th ST, Copperas Cove TX 76522, with an adjusted value of $207,386; with a smaller floor plan. 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