1011 Porterhouse RD, Temple TX 76502

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $252,056. To generate strong buyer interest while maximizing value, I'd price this between $206,000 and $216,000. Against 3 similar active listings in 76502, this price point lands at the most expensive of 3 comparable homes on the market. At 187 sqft smaller than the typical comp, the size difference factors into the valuation. At 0.22 acres, the lot is larger than the 0.14 acre comp average, which factors into pricing. There are currently 3 similar homes on the market in 76502, ranging from $223,000 to $260,000. The trend in 76502 shows prices have fallen 5.7% in the past 6 months. 1008 Ribeye RD, Temple TX 76502 nearby adjusts to $265,354; a strong comparable. The 5 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group