705 Westchester RD, Taylor TX 76574

My analysis of 7 comparable properties puts this home's estimated value at $255,755. 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 42 years older than typical comps, the 1975 build date influences the valuation. The larger lot (0.39 acres versus the area average of 0.16) 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: fallen 4.5%. The best comp here is 600 McFadin WAY, Taylor TX 76574 at an adjusted value of $268,043, a strong comparable. With 7 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