615 W Thompson Ave, Temple TX 76501

The market data from 7 similar recent sales in 76501 points to a value of approximately $255,056. To sell within a reasonable timeframe at fair market value, the $306,000 to $314,000 range is where I'd position this. Against 4 similar active listings in 76501, this price point lands at the most affordable of 4 comparable homes on the market. Being 264 sqft smaller than the average comparable sale in this area impacts the per square foot value. At 0.47 acres, the lot is larger than the 0.28 acre comp average, which factors into pricing. There are currently 4 similar homes on the market in 76501, ranging from $263,240 to $331,100. In 76501, home values have fallen approximately 7.2% over the past 6 months. One of the strongest data points is 1902 N 7th ST, Temple TX 76501, adjusting to $332,538; with a smaller floor plan. 7 comparable transactions in 76501 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