3005 Pecan DR, Temple TX 76502

The market data from 5 similar recent sales in MEADOW OAKS points to a value of approximately $291,948. To sell within a reasonable timeframe at fair market value, the $364,000 to $389,000 range is where I'd position this. With 6 comparable homes on the market in MEADOW OAKS, this price positions the property as the 2nd least expensive of 6 comparable homes on the market. This home's larger footprint (252 sqft vs the comp average) plays a role in how the market prices it. The pool is a differentiator here, since 5 of 5 comparable sales didn't include one. Current inventory shows 6 comparable homes in MEADOW OAKS; a buyer's market based on recent absorption. In MEADOW OAKS, home values have fallen approximately 11.6% over the past 6 months. One of the strongest data points is 4109 Dove LN, Temple TX 76502, adjusting to $286,799; with a larger floor plan and no pool. The 5 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