Reviewing the most recent comparable transactions, this home's market value falls around $205,489. For a well positioned listing in TAYLOR CITY, I'd target the $141,000 to $151,000 range. Against 6 similar active listings in TAYLOR CITY, this price point lands at the 3rd least expensive of 6 comparable homes on the market. The 1940 construction puts this home 8 years older than the comp average, a factor in the pricing. At 0.31 acres, the lot is larger than the 0.21 acre comp average, which factors into pricing. There are currently 6 similar homes on the market in TAYLOR CITY, ranging from $141,000 to $285,000. Recent trends in 76574 show home values have fallen 5.7% since 6 months ago. The most comparable recent sale is 1012 W 6th ST, Taylor TX 76574, with an adjusted value of $237,700; a strong comparable. 7 comparable transactions in TAYLOR CITY 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