506 W 10th ST, Taylor TX 76574

The market data from 7 similar recent sales in MURPHY points to a value of approximately $193,440. To sell within a reasonable timeframe at fair market value, the $227,000 to $229,000 range is where I'd position this. At this price, the property would be the most affordable of 3 comparable homes on the market comparable homes currently on the market in MURPHY. The 1935 construction puts this home 14 years older than the comp average, a factor in the pricing. At 0.15 acres, the lot is smaller than the 0.24 acre comp average, which factors into pricing. 3 similar homes are currently available in MURPHY, creating a buyer's market for this price range. In 76574, home values have risen approximately 0.3% over the past 6 months. One of the strongest data points is 1012 W 6th ST, Taylor TX 76574, adjusting to $226,543; a strong comparable. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group