322 Emerald Ridge DR, Temple TX 76502

After reviewing 5 recent transactions in 76502, I estimate this property's value at $229,599. A competitive list price for this home right now would fall in the $235,000 to $243,000 range. This home's position in the current 76502 market: the 2nd least expensive of 4 comparable homes on the market among comparable properties. This home's smaller footprint (179 sqft vs the comp average) plays a role in how the market prices it. At 10 years older than typical comps, the 2010 build date influences the valuation. Current inventory shows 4 comparable homes in 76502; a buyer's market based on recent absorption. Prices in 76502 have fallen 5.7% over the last 6 months. A similar home at 618 Prairie Lark DR, Temple TX 76502 carries an adjusted comparable value of $222,383, providing a strong data point. With 5 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