3313 Las Moras DR, Temple TX 76502

The market data from 5 similar recent sales in SOUTHERN OAKS points to a value of approximately $260,019. To sell within a reasonable timeframe at fair market value, the $252,000 to $268,000 range is where I'd position this. Against 3 similar active listings in SOUTHERN OAKS, this price point lands at the most affordable of 3 comparable homes on the market. The larger floor plan (569 sqft compared to the average comp) is a meaningful differentiator in this price range. The 1977 construction puts this home 5 years newer than the comp average, a factor in the pricing. With 3 similar homes currently listed in SOUTHERN OAKS (a buyer's market), competition is a factor to consider. In SOUTHERN OAKS, home values have fallen approximately 50.7% over the past 6 months. One of the strongest data points is 3702 Las Moras DR, Temple TX 76502, adjusting to $286,078; with a smaller floor plan. 5 comparable transactions in SOUTHERN OAKS support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group