811 W 6th ST, Taylor TX 76574

The market data from 7 similar recent sales in DOAK points to a value of approximately $203,789. To sell within a reasonable timeframe at fair market value, the $227,000 to $276,000 range is where I'd position this. In the current DOAK market with 3 similar homes available, this price represents the most affordable of 3 comparable homes on the market. The 1925 construction puts this home 8 years older than the comp average, a factor in the pricing. At 0.20 acres, the lot is smaller than the 0.24 acre comp average, which factors into pricing. Current inventory shows 3 comparable homes in DOAK; a buyer's market based on recent absorption. In DOAK, home values have fallen approximately 3.9% over the past 6 months. One of the strongest data points is 600 Sloan ST, Taylor TX 76574, adjusting to $158,073; a strong comparable. 7 comparable transactions in DOAK 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