1239 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. Built in 2018, this home is 6 years newer than the average comp, which is reflected in the adjustments. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group