212 Tanglewood RD, Temple TX 76502

The market data from 7 similar recent sales in RIDGEWOOD ESTATES points to a value of approximately $204,258. To sell within a reasonable timeframe at fair market value, the $218,000 to $227,000 range is where I'd position this. At this price, the property would be the 4th most expensive of 7 comparable homes on the market comparable homes currently on the market in RIDGEWOOD ESTATES. The 1974 construction puts this home 34 years older than the comp average, a factor in the pricing. At 0.30 acres, the lot is smaller than the 0.61 acre comp average, which factors into pricing. Right now, 7 similar properties are competing for buyers in RIDGEWOOD ESTATES, listed between $193,990 and $265,000. In 76502, home values have fallen approximately 4.2% over the past 6 months. One of the strongest data points is 1611 W Main ST, Little River Academy TX 76554, adjusting to $159,622; 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