502 W 10th ST, Taylor TX 76574

This home was listed at $259,500 and was on the market for 151 days before being withdrawn. Based on comparable sales, the market data suggests a value closer to $282,319. Here are some factors that may have played a role: After 151 days on market, buyer interest typically drops, and listings can become "stale" in buyer perception. The listing had a price reduction during its time on market, which can sometimes affect buyer perception. Built in 1920, this home may have faced competition from newer construction in the area priced similarly. The 1920 construction puts this home 49 years older than the comp average, a factor in the pricing. At 0.15 acres, the lot is smaller than the 0.26 acre comp average, which factors into pricing. 7 comparable transactions in MURPHY 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