1301 Davis ST, Taylor TX 76574

Reviewing the most recent comparable transactions, this home's market value falls around $367,201. For a well positioned listing in MENDEL, I'd target the $373,000 to $450,000 range. With 7 comparable homes on the market in MENDEL, this price positions the property as the 3rd most expensive of 7 comparable homes on the market. The larger floor plan (219 sqft compared to the average comp) is a meaningful differentiator in this price range. The 1950 construction puts this home 19 years older than the comp average, a factor in the pricing. Current inventory shows 7 comparable homes in MENDEL; a buyer's market based on recent absorption. Recent trends in 76574 show home values have fallen 5.7% since 6 months ago. The most comparable recent sale is 1612 Meadow LN, Taylor TX 76574, with an adjusted value of $570,266; with a larger floor plan. 7 comparable transactions in MENDEL support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group