4005 Trailwood DR, Temple TX 76502

Based on 7 closed sales in 76502, the data points to a value around $253,340 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $254,000 to $281,000. This pricing would rank the home as the 2nd most expensive of 7 comparable homes on the market in 76502's current inventory. Being built in 1977 (35 years older than comps) is factored into the value estimate. Lot size matters here: 0.22 acres versus 0.27 for the typical comp. The active market in 76502 includes 7 comparable homes priced from $230,999 to $287,499. Market data shows 76502 prices fallen 1.1% over the last half year. The closest comparable sale, 405 Erie DR, Temple TX 76504 at an adjusted $292,352, is with a smaller floor plan. The strength of this estimate comes from 7 directly comparable sales in 76502. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group