1407 Thorndale RD, Taylor TX 76574

Reviewing the most recent comparable transactions, this home's market value falls around $257,829. For a well positioned listing in 76574, I'd target the $131,000 to $141,000 range. With 7 comparable homes on the market in 76574, this price positions the property as the most expensive of 7 comparable homes on the market. The 1950 construction puts this home 14 years older than the comp average, a factor in the pricing. At 0.49 acres, the lot is larger than the 0.24 acre comp average, which factors into pricing. Current inventory shows 7 comparable homes in 76574; 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 1705 Old Thorndale RD, Taylor TX 76574, with an adjusted value of $275,594; 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