1206 7th, Taylor TX 76574

Reviewing the most recent comparable transactions, this home's market value falls around $271,765. For a well positioned listing in DOAK, I'd target the $155,000 to $165,000 range. In the current DOAK market with 7 similar homes available, this price represents the most expensive of 7 comparable homes on the market. At 138 sqft larger than the typical comp, the size difference factors into the valuation. The 1930 construction puts this home 20 years older than the comp average, a factor in the pricing. Current inventory shows 7 comparable homes in DOAK; a buyer's market based on recent absorption. Recent trends in DOAK show home values have fallen 12.3% since 6 months ago. The most comparable recent sale is 914 Victoria ST, Taylor TX 76574, with an adjusted value of $225,268; a strong comparable. 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