1318 S 5th ST, Temple TX 76504

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $199,378. I'd recommend coming to market at $84,000 to $94,000 to strike the right balance between value and market velocity. Among the similar homes currently available in 76504, this price point stands out as competitive. At 143 sqft smaller than the typical comp, the size difference factors into the valuation. The 0.25 acre lot (larger than the 0.18 acre average) is reflected in the estimate. Current inventory shows 7 comparable homes in 76504; a buyer's market based on recent absorption. The trend in 76504 shows prices have fallen 7.2% in the past 6 months. 2624 Saulsbury DR, Temple TX 76504 nearby adjusts to $183,659; with a larger floor plan. With 3 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