220 E Lamar Ave, Temple TX 76501

The estimated value of this property is $240,104, based on 7 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $285,000 and $294,000. In the current 76501 market with 5 similar homes available, this price represents the 2nd least expensive of 5 comparable homes on the market. Being 426 sqft smaller than the average comparable sale in this area impacts the per square foot value. The 0.37 acre lot (larger than the 0.29 acre average) is reflected in the estimate. Buyers in 76501 have 5 comparable options right now, with asking prices between $216,990 and $331,100. Recent trends in 76501 show home values have fallen 7.2% since 6 months ago. The most comparable recent sale is 1902 N 7th ST, Temple TX 76501, with an adjusted value of $309,298; with a smaller floor plan. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group