1520 Ferndale DR, Killeen TX 76549

Reviewing the most recent comparable transactions, this home's market value falls around $195,689. For a well positioned listing in 76549, I'd target the $231,000 to $239,000 range. In the current 76549 market with 7 similar homes available, this price represents the most affordable of 7 comparable homes on the market. Being 135 sqft larger than the average comparable sale in this area impacts the per square foot value. The 1963 construction puts this home 34 years older than the comp average, a factor in the pricing. 7 similar homes are currently available in 76549, creating a balanced market for this price range. Recent trends in 76549 show home values have fallen 1.3% since 6 months ago. The most comparable recent sale is 1405 Camilla RD, Killeen TX 76549, with an adjusted value of $155,260; 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