2615 Taylor Ridge RD, Temple TX 76502

After reviewing 3 recent transactions in 76502, I estimate this property's value at $474,649. A competitive list price for this home right now would fall in the $330,000 to $340,000 range. Relative to what's currently available in 76502, this home would be the 4th most expensive of 7 comparable homes on the market. The smaller floor plan (183 sqft compared to the average comp) is a meaningful differentiator in this price range. The larger lot (0.52 acres versus the area average of 0.42) contributes to the valuation. With 7 similar homes currently listed in 76502 (a buyer's market), competition is a factor to consider. Prices in 76502 have fallen 6.7% over the last 6 months. A similar home at 4904 Covington LN, Temple TX 76502 carries an adjusted comparable value of $459,694, providing a strong data point. With 3 comparable sales in 76502, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group