516 W 7th ST, Taylor TX 76574

After reviewing 7 recent transactions in DOAK, I estimate this property's value at $464,031. A competitive list price for this home right now would fall in the $455,000 to $473,000 range. This home's position in the current DOAK market: the most affordable of 2 comparable homes on the market among comparable properties. Being 2,445 sqft larger than the average comparable sale in this area impacts the per square foot value. The larger lot (0.99 acres versus the area average of 0.25) contributes to the valuation. With 2 similar homes currently listed in DOAK (a buyer's market), competition is a factor to consider. Prices in DOAK have risen 72.5% over the last 6 months. A similar home at 914 Victoria ST, Taylor TX 76574 carries an adjusted comparable value of $322,830, providing a strong data point. With 7 comparable sales in DOAK, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group