8623 Open Prairie DR, Temple TX 76502

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $336,160. To generate strong buyer interest while maximizing value, I'd price this between $250,000 and $260,000. Against 6 similar active listings in 76502, this price point lands at the most expensive of 6 comparable homes on the market. This home's smaller footprint (289 sqft vs the comp average) plays a role in how the market prices it. The 2015 construction puts this home 6 years newer than the comp average, a factor in the pricing. Current inventory shows 6 comparable homes in 76502; a buyer's market based on recent absorption. The trend in 76502 shows prices have fallen 5.1% in the past 6 months. 10219 Alamosa LN, Temple TX 76502 nearby adjusts to $320,500; with a larger floor plan. 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