1902 Lummus DR, Temple TX 76504

The market data from 7 similar recent sales in 76504 points to a value of approximately $231,363. To sell within a reasonable timeframe at fair market value, the $183,000 to $193,000 range is where I'd position this. With 3 comparable homes on the market in 76504, this price positions the property as the most expensive of 3 comparable homes on the market. This home's smaller footprint (402 sqft vs the comp average) plays a role in how the market prices it. The 2020 construction puts this home 16 years newer than the comp average, a factor in the pricing. There are currently 3 similar homes on the market in 76504, ranging from $194,990 to $260,000. In 76504, home values have fallen approximately 7.2% over the past 6 months. One of the strongest data points is 3608 Oglala TRL, Temple TX 76502, adjusting to $252,556; with a larger floor plan. 7 comparable transactions in 76504 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