116 E Killen LN, Temple TX 76501

Based on 3 closed sales in 76501, the data points to a value around $252,112 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $204,000 to $214,000. Relative to what's currently available in 76501, this home would be the 2nd least expensive of 5 comparable homes on the market. Lot size matters here: 0.40 acres versus 0.23 for the typical comp. Right now, 5 similar properties are competing for buyers in 76501, listed between $230,000 and $331,100. Market data shows 76501 prices fallen 7.2% over the last half year. The closest comparable sale, 304 W Killen LN, Temple TX 76501 at an adjusted $228,992, is a strong comparable. The strength of this estimate comes from 3 directly comparable sales in 76501. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group