1520 Ferndale, Killeen TX 76549

The market data from 7 similar recent sales in 76549 points to a value of approximately $176,868. To sell within a reasonable timeframe at fair market value, the $260,000 to $263,000 range is where I'd position this. Among the similar homes currently available in 76549, this price point stands out as competitive. At 146 sqft larger than the typical comp, the size difference factors into the valuation. The 1963 construction puts this home 44 years older than the comp average, a factor in the pricing. Current inventory shows 7 comparable homes in 76549; a balanced market based on recent absorption. In 76549, home values have risen approximately 8.5% over the past 6 months. One of the strongest data points is 1405 Camilla RD, Killeen TX 76549, adjusting to $144,060; with a smaller floor plan. The 7 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