1001 Spring Terrace LOOP, Temple TX 76502

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $253,466. To generate strong buyer interest while maximizing value, I'd price this between $213,000 and $223,000. At this price, the property would be the most expensive of 3 comparable homes on the market comparable homes currently on the market in 76502. At 0.19 acres, the lot is larger than the 0.15 acre comp average, which factors into pricing. With 3 similar homes currently listed in 76502 (a buyer's market), competition is a factor to consider. The trend in 76502 shows prices have fallen 5.7% in the past 6 months. 1011 Porterhouse RD, Temple TX 76502 nearby adjusts to $266,962; a strong comparable. 6 comparable transactions in 76502 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