Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $189,014. To generate strong buyer interest while maximizing value, I'd price this between $183,000 and $195,000. Against 3 similar active listings in DOAK, this price point lands at the most affordable of 3 comparable homes on the market. With 3 similar homes currently listed in DOAK (a buyer's market), competition is a factor to consider. The trend in DOAK shows prices have fallen 12.3% in the past 6 months. 600 Sloan ST, Taylor TX 76574 nearby adjusts to $168,813; a strong comparable. 5 comparable transactions in DOAK 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