406 Vernon ST, Taylor TX 76574

Based on 7 closed sales in DOAK, the data points to a value around $217,840 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $147,000 to $157,000. Relative to what's currently available in DOAK, this home would be the most expensive of 7 comparable homes on the market. This home's smaller footprint (116 sqft vs the comp average) plays a role in how the market prices it. Being built in 2016 (75 years newer than comps) is factored into the value estimate. There are currently 7 similar homes on the market in DOAK, ranging from $150,000 to $345,780. Market data shows DOAK prices fallen 12.3% over the last half year. The closest comparable sale, 1701 W 7th ST, Taylor TX 76574 at an adjusted $256,209, is a strong comparable. The strength of this estimate comes from 7 directly comparable sales in DOAK. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group