2408 Cherrylawn DR, Taylor TX 76574

The market data from 7 similar recent sales in NORTHLAWN points to a value of approximately $265,509. To sell within a reasonable timeframe at fair market value, the $113,000 to $123,000 range is where I'd position this. At this price, the property would be the most expensive of 7 comparable homes on the market comparable homes currently on the market in NORTHLAWN. The smaller floor plan (282 sqft compared to the average comp) is a meaningful differentiator in this price range. The 1995 construction puts this home 24 years newer than the comp average, a factor in the pricing. 7 similar homes are currently available in NORTHLAWN, creating a buyer's market for this price range. In 76574, home values have fallen approximately 5.4% over the past 6 months. One of the strongest data points is 2600 Cherrylawn DR, Taylor TX 76574, adjusting to $236,495; with a smaller floor plan. 7 comparable transactions in NORTHLAWN 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