705 Westchester RD, Taylor TX 76574

My analysis of 3 comparable properties puts this home's estimated value at $276,285. Based on how the local market is moving, a list price between $150,000 and $160,000 would position this home well. This pricing would rank the home as the most expensive of 3 comparable homes on the market in LANTERN HILL's current inventory. At 5 years older than typical comps, the 1975 build date influences the valuation. The larger lot (0.39 acres versus the area average of 0.21) contributes to the valuation. Current inventory shows 3 comparable homes in LANTERN HILL; a buyer's market based on recent absorption. The 6 month price trend in 76574: risen 0%. The best comp here is 2301 Lillie LN, Taylor TX 76574 at an adjusted value of $303,731, a strong comparable. With 3 comparable sales in LANTERN HILL, 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