5109 Covington LN, Temple TX 76502

The estimated value of this property is $269,505, based on 4 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $261,000 and $278,000. In the current 76502 market with 7 similar homes available, this price represents the 3rd most expensive of 7 comparable homes on the market. The larger floor plan (394 sqft compared to the average comp) is a meaningful differentiator in this price range. Built in 1987, this home is 8 years older than the average comp, which is reflected in the adjustments. There are currently 7 similar homes on the market in 76502, ranging from $238,000 to $330,000. Recent trends in 76502 show home values have fallen 3.4% since 6 months ago. The most comparable recent sale is 4605 Danbury DR, Temple TX 76502, with an adjusted value of $267,569; with a smaller floor plan. With 4 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group