1018 W 5th ST, Taylor TX 76574

Based on 7 closed sales in DOAK, the data points to a value around $227,673 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $115,000 to $125,000. Buyers shopping in DOAK right now would see this as a well positioned option among 7 comparable homes. The larger floor plan (213 sqft compared to the average comp) is a meaningful differentiator in this price range. Being built in 1920 (40 years older than comps) is factored into the value estimate. Current inventory shows 7 comparable homes in DOAK; a buyer's market based on recent absorption. Market data shows DOAK prices fallen 12.3% over the last half year. The closest comparable sale, 806 Edmond ST, Taylor TX 76574 at an adjusted $236,462, is a strong comparable. The strength of this estimate comes from 7 directly comparable sales in DOAK. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group