205 Meadowbrook DR, Temple TX 76502

Reviewing the most recent comparable transactions, this home's market value falls around $221,861. For a well positioned listing in 76502, I'd target the $215,000 to $229,000 range. In the current 76502 market with 4 similar homes available, this price represents the 2nd most expensive of 4 comparable homes on the market. At 278 sqft smaller than the typical comp, the size difference factors into the valuation. The 1996 construction puts this home 10 years older than the comp average, a factor in the pricing. Current inventory shows 4 comparable homes in 76502; a buyer's market based on recent absorption. Recent trends in 76502 show home values have fallen 5.7% since 6 months ago. The most comparable recent sale is 1108 Branchwood WAY, Temple TX 76502, with an adjusted value of $211,120; with a larger floor plan. 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