800 Loop 427, Taylor TX 76574

After reviewing 7 recent transactions in 76574, I estimate this property's value at $247,871. A competitive list price for this home right now would fall in the $323,000 to $325,000 range. This would position the home competitively among 4 active listings in 76574. At 47 years older than typical comps, the 1937 build date influences the valuation. The larger lot (0.28 acres versus the area average of 0.23) contributes to the valuation. Current inventory shows 4 comparable homes in 76574; a buyer's market based on recent absorption. Prices in 76574 have fallen 5.7% over the last 6 months. A similar home at 1609 Laurel ST, Taylor TX 76574 carries an adjusted comparable value of $194,498, providing a strong data point. With 7 comparable sales in 76574, 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