1229 Monte Verde DR, Temple TX 76504

Reviewing the most recent comparable transactions, this home's market value falls around $251,727. For a well positioned listing in 76504, I'd target the $212,000 to $222,000 range. Against 7 similar active listings in 76504, this price point lands at the most expensive of 7 comparable homes on the market. At 109 sqft smaller than the typical comp, the size difference factors into the valuation. The 2020 construction puts this home 5 years older than the comp average, a factor in the pricing. The active market in 76504 includes 7 comparable homes priced from $195,000 to $264,900. Recent trends in 76504 show home values have fallen 4.2% since 6 months ago. The most comparable recent sale is 1312 Piedmont ST, Temple TX 76504, with an adjusted value of $267,365; a strong comparable. The 6 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