701 Lavon LN, Temple TX 76502

My analysis of 7 comparable properties puts this home's estimated value at $380,545. Based on how the local market is moving, a list price between $248,000 and $258,000 would position this home well. This home's position in the current 76502 market: the most expensive of 7 comparable homes on the market among comparable properties. At 17 years older than typical comps, the 1995 build date influences the valuation. The larger lot (0.52 acres versus the area average of 0.45) contributes to the valuation. There are currently 7 similar homes on the market in 76502, ranging from $235,000 to $379,999. The 6 month price trend in 76502: fallen 5.7%. The best comp here is 304 Cypress Springs DR, Belton TX 76513 at an adjusted value of $366,605, with a larger floor plan. With 7 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