1307 W Lake DR, Taylor TX 76574

Reviewing the most recent comparable transactions, this home's market value falls around $247,035. For a well positioned listing in MEYERS FIRST, I'd target the $242,000 to $252,000 range. Against 7 similar active listings in MEYERS FIRST, this price point lands at the 3rd least expensive of 7 comparable homes on the market. Being 196 sqft larger than the average comparable sale in this area impacts the per square foot value. The 1937 construction puts this home 6 years older than the comp average, a factor in the pricing. With 7 similar homes currently listed in MEYERS FIRST (a buyer's market), competition is a factor to consider. Recent trends in 76574 show home values have risen 1.5% since 6 months ago. The most comparable recent sale is 1309 Sloan ST, Taylor TX 76574, with an adjusted value of $331,382; a strong comparable. 3 comparable transactions in MEYERS FIRST 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