4907 Velma DR, Killeen TX 76542

The estimated value of this property is $231,041, based on 7 comparable sales within half a mile. In today's market, I'd bring this home to market somewhere between $248,000 and $253,000. With 4 comparable homes on the market in 76542, this price positions the property as the most affordable of 4 comparable homes on the market. Built in 1995, this home is 11 years older than the average comp, which is reflected in the adjustments. The 0.19 acre lot (smaller than the 0.25 acre average) is reflected in the estimate. Current inventory shows 4 comparable homes in 76542; a balanced market based on recent absorption. Recent trends in 76542 show home values have fallen 1.8% since 6 months ago. The most comparable recent sale is 6509 Wagon Wheel DR, Killeen TX 76542, with an adjusted value of $232,143; a strong comparable. Based on 7 relevant data points in 76542, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX