519 W 10th ST, Taylor TX 76574

Reviewing the most recent comparable transactions, this home's market value falls around $227,299. For a well positioned listing in MURPHY, I'd target the $252,000 to $257,000 range. With 7 comparable homes on the market in MURPHY, this price positions the property as the 3rd least expensive of 7 comparable homes on the market. The 1935 construction puts this home 43 years older than the comp average, a factor in the pricing. At 0.15 acres, the lot is smaller than the 0.18 acre comp average, which factors into pricing. With 7 similar homes currently listed in MURPHY (a buyer's market), competition is a factor to consider. Recent trends in 76574 show home values have fallen 5.7% since 6 months ago. The most comparable recent sale is 913 Fowzer ST, Taylor TX 76574, with an adjusted value of $298,019; with a smaller floor plan. 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