114 Ottoway DR, Temple TX 76501

Reviewing the most recent comparable transactions, this home's market value falls around $225,057. For a well positioned listing in 76501, I'd target the $142,000 to $152,000 range. At this price, the property would be the 2nd least expensive of 7 comparable homes on the market comparable homes currently on the market in 76501. At 363 sqft smaller than the typical comp, the size difference factors into the valuation. The 1974 construction puts this home 7 years newer than the comp average, a factor in the pricing. 7 similar homes are currently available in 76501, creating a buyer's market for this price range. Recent trends in 76501 show home values have fallen 7.2% since 6 months ago. The most comparable recent sale is 306 Ruggles LOOP, Temple TX 76501, with an adjusted value of $206,054; with a larger floor plan. 7 comparable transactions in 76501 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