1119 Madison DR, Temple TX 76504

Reviewing the most recent comparable transactions, this home's market value falls around $240,007. For a well positioned listing in 76504, I'd target the $167,000 to $177,000 range. With 7 comparable homes on the market in 76504, this price positions the property as the 2nd least expensive of 7 comparable homes on the market. This home's larger footprint (149 sqft vs the comp average) plays a role in how the market prices it. The 2005 construction puts this home 15 years older than the comp average, a factor in the pricing. The active market in 76504 includes 7 comparable homes priced from $160,000 to $379,000. Recent trends in 76504 show home values have fallen 7.2% since 6 months ago. The most comparable recent sale is 3817 Keller RD, Temple TX 76504, with an adjusted value of $244,747; a strong comparable. 7 comparable transactions in 76504 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