302 Cherrywood, Taylor TX 76574

The market data from 4 similar recent sales in 76574 points to a value of approximately $323,593. To sell within a reasonable timeframe at fair market value, the $452,000 to $458,000 range is where I'd position this. With 7 comparable homes on the market in 76574, this price positions the property as the most affordable of 7 comparable homes on the market. The larger floor plan (216 sqft compared to the average comp) is a meaningful differentiator in this price range. At 0.33 acres, the lot is larger than the 0.30 acre comp average, which factors into pricing. With 7 similar homes currently listed in 76574 (a buyer's market), competition is a factor to consider. In 76574, home values have fallen approximately 5.7% over the past 6 months. One of the strongest data points is 2201 Carolyn DR, Taylor TX 76574, adjusting to $280,000; with a smaller floor plan. 4 comparable transactions in 76574 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