1809 Southern Draw DR, Temple TX 76502

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $351,698. To generate strong buyer interest while maximizing value, I'd price this between $252,000 and $262,000. Against 5 similar active listings in 76502, this price point lands at the most expensive of 5 comparable homes on the market. This home's smaller footprint (361 sqft vs the comp average) plays a role in how the market prices it. At 0.29 acres, the lot is smaller than the 0.45 acre comp average, which factors into pricing. Right now, 5 similar properties are competing for buyers in 76502, listed between $245,000 and $365,000. The trend in 76502 shows prices have fallen 5.7% in the past 6 months. 13 Mojave LN, Belton TX 76513 nearby adjusts to $344,862; with a larger floor plan. 7 comparable transactions in 76502 support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group