1306 Franz DR, Killeen TX 76541

The market data from 6 similar recent sales in CULP points to a value of approximately $114,148. To sell within a reasonable timeframe at fair market value, the $125,000 to $162,000 range is where I'd position this. At this price, the property would be below the only comparable home currently on the market comparable homes currently on the market in CULP. The 452 sqft size difference versus comparable sales is reflected in the adjusted values. The 1954 construction puts this home 9 years older than the comp average, a factor in the pricing. Right now, 1 similar properties are competing for buyers in CULP, listed between $110,000 and $110,000. In 76541, home values have fallen approximately 2.3% over the past 6 months. One of the strongest data points is 608 Dimple ST, Killeen TX 76541, adjusting to $105,979; a strong comparable. 6 comparable transactions in CULP 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