5809 Montrose DR, Killeen TX 76542

The estimated value of this property is $272,270, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $173,000 and $183,000. In the current 76542 market with 5 similar homes available, this price represents the 2nd most expensive of 5 comparable homes on the market. The 228 sqft size difference versus comparable sales is reflected in the adjusted values. Built in 1999, this home is 7 years older than the average comp, which is reflected in the adjustments. Current inventory shows 5 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 6309 Serpentine DR, Killeen TX 76542, with an adjusted value of $267,310; 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