8114 Iron Gate DR, Temple TX 76502

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $274,748. I'd recommend coming to market at $293,000 to $302,000 to strike the right balance between value and market velocity. With 7 comparable homes on the market in 76502, this price positions the property as the 3rd least expensive of 7 comparable homes on the market. The 103 sqft size difference versus comparable sales is reflected in the adjusted values. Built in 2016, this home is 6 years newer than the average comp, which is reflected in the adjustments. There are currently 7 similar homes on the market in 76502, ranging from $245,000 to $379,999. The trend in 76502 shows prices have fallen 5.7% in the past 6 months. 1316 Branchwood WAY, Temple TX 76502 nearby adjusts to $291,065; with a smaller floor plan. Based on 7 relevant data points in 76502, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX