1614 Bent Oak DR, Temple TX 76502

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $214,703. To generate strong buyer interest while maximizing value, I'd price this between $227,000 and $228,000. With 3 comparable homes on the market in 76502, this price positions the property as the 2nd most expensive of 3 comparable homes on the market. Being 328 sqft smaller than the average comparable sale in this area impacts the per square foot value. The 2001 construction puts this home 8 years older than the comp average, a factor in the pricing. Current inventory shows 3 comparable homes in 76502; a buyer's market based on recent absorption. The trend in 76502 shows prices have fallen 5.7% in the past 6 months. 1064 Lonesome Oak DR, Temple TX 76502 nearby adjusts to $211,500; a strong comparable. 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