Reviewing the most recent comparable transactions, this home's market value falls around $251,558. For a well positioned listing in BOHLS, I'd target the $247,000 to $257,000 range. Against 3 similar active listings in BOHLS, this price point lands at the most expensive of 3 comparable homes on the market. At 0.17 acres, the lot is smaller than the 0.25 acre comp average, which factors into pricing. Current inventory shows 3 comparable homes in BOHLS; a buyer's market based on recent absorption. Recent trends in 76574 show home values have risen 0.2% since 6 months ago. The most comparable recent sale is 1003 Gilmore ST, Taylor TX 76574, with an adjusted value of $211,608; with a larger 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