1235 Honor LN, Temple TX 76501

This home was listed at $117,500 and was on the market for 131 days before expiring. Based on comparable sales, the market data suggests a value closer to $149,089. Here are some factors that may have played a role: After 131 days on market, buyer interest typically drops, and listings can become "stale" in buyer perception. The listing had a price reduction during its time on market, which can sometimes affect buyer perception. Coming to market in November may have put this home in a slower seasonal window for the Temple area. Being 1,187 sqft smaller than the average comparable sale in this area impacts the per square foot value. The 2018 construction puts this home 6 years newer than the comp average, a factor in the pricing. The 7 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