1500 Ellen LN, Taylor TX 76574

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $356,345. To generate strong buyer interest while maximizing value, I'd price this between $240,000 and $250,000. With 7 comparable homes on the market in LAKE DRIVE, this price positions the property as the most expensive of 7 comparable homes on the market. The 1973 construction puts this home 5 years older than the comp average, a factor in the pricing. At 0.67 acres, the lot is smaller than the 0.82 acre comp average, which factors into pricing. With 7 similar homes currently listed in LAKE DRIVE (a buyer's market), competition is a factor to consider. The trend in 76574 shows prices have fallen 6.2% in the past 6 months. 2103 Lillie Ln LN, Taylor TX 76574 nearby adjusts to $373,727; with a smaller floor plan. 7 comparable transactions in LAKE DRIVE 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