12007 Lago Terra BLVD, Temple TX 76502

Reviewing the most recent comparable transactions, this home's market value falls around $354,848. For a well positioned listing in 76502, I'd target the $348,000 to $362,000 range. Among the similar homes currently available in 76502, this price point stands out as competitive. At 680 sqft larger than the typical comp, the size difference factors into the valuation. At 0.51 acres, the lot is larger than the 0.22 acre comp average, which factors into pricing. Current inventory shows 4 comparable homes in 76502; a buyer's market based on recent absorption. Recent trends in 76502 show home values have fallen 3.4% since 6 months ago. The most comparable recent sale is 531 Eagles Nest CV, Temple TX 76502, with an adjusted value of $315,405; a strong comparable. 7 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