701 Westchester RD, Taylor TX 76574

The market data from 3 similar recent sales in LANTERN HILL points to a value of approximately $269,258. To sell within a reasonable timeframe at fair market value, the $230,000 to $240,000 range is where I'd position this. With 7 comparable homes on the market in LANTERN HILL, this price positions the property as the 3rd least expensive of 7 comparable homes on the market. The 105 sqft size difference versus comparable sales is reflected in the adjusted values. At 0.39 acres, the lot is larger than the 0.26 acre comp average, which factors into pricing. 7 similar homes are currently available in LANTERN HILL, creating a buyer's market for this price range. In 76574, home values have fallen approximately 5.7% over the past 6 months. One of the strongest data points is 1816 Davis ST, Taylor TX 76574, adjusting to $169,225; a strong comparable. 3 comparable transactions in LANTERN HILL 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