1316 Wallace ST, Taylor TX 76574

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $160,852. To generate strong buyer interest while maximizing value, I'd price this between $195,000 and $207,000. In the current WESTFIELD market with 3 similar homes available, this price represents the most affordable of 3 comparable homes on the market. The 1935 construction puts this home 15 years older than the comp average, a factor in the pricing. At 0.15 acres, the lot is smaller than the 0.20 acre comp average, which factors into pricing. Current inventory shows 3 comparable homes in WESTFIELD; a buyer's market based on recent absorption. The trend in WESTFIELD shows prices have risen 29.4% in the past 6 months. 2803 Crestview ST, Taylor TX 76574 nearby adjusts to $161,025; a strong comparable. 7 comparable transactions in WESTFIELD 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