411 Vernon ST, Taylor TX 76574

The estimated value of this property is $256,014, based on 7 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $187,000 and $197,000. Against 4 similar active listings in DOAK, this price point lands at the most expensive of 4 comparable homes on the market. At 241 sqft larger than the typical comp, the size difference factors into the valuation. Built in 1940, this home is 11 years older than the average comp, which is reflected in the adjustments. Current inventory shows 4 comparable homes in DOAK; a buyer's market based on recent absorption. Recent trends in DOAK show home values have fallen 12.3% since 6 months ago. The most comparable recent sale is 914 Victoria ST, Taylor TX 76574, with an adjusted value of $216,917; a strong comparable. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group