2317 Monticello RD, Temple TX 76501

Reviewing the most recent comparable transactions, this home's market value falls around $169,142. For a well positioned listing in 76501, I'd target the $75,000 to $85,000 range. Against 1 similar active listings in 76501, this price point lands at below the only comparable home currently on the market. Being 1,224 sqft smaller than the average comparable sale in this area impacts the per square foot value. At 0.17 acres, the lot is smaller than the 0.25 acre comp average, which factors into pricing. Right now, 1 similar properties are competing for buyers in 76501, listed between $89,000 and $89,000. Recent trends in 76501 show home values have fallen 7.2% since 6 months ago. The most comparable recent sale is 1906 Monticello RD, Temple TX 76501, with an adjusted value of $118,663; 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