714 S 36th ST, Temple TX 76501

Reviewing the most recent comparable transactions, this home's market value falls around $217,279. For a well positioned listing in 76501, I'd target the $238,000 to $243,000 range. Against 6 similar active listings in 76501, this price point lands at the 3rd least expensive of 6 comparable homes on the market. The 1961 construction puts this home 41 years older than the comp average, a factor in the pricing. At 0.14 acres, the lot is smaller than the 0.18 acre comp average, which factors into pricing. Current inventory shows 6 comparable homes in 76501; a buyer's market based on recent absorption. Recent trends in 76501 show home values have fallen 7.2% since 6 months ago. The most comparable recent sale is 3608 Oglala TRL, Temple TX 76502, with an adjusted value of $237,630; a strong comparable. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group