105 Oak Arbor TRL, Dale TX 78616

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $394,243. To generate strong buyer interest while maximizing value, I'd price this between $426,000 and $435,000. In the current 78616 market with 5 similar homes available, this price represents the 2nd most expensive of 5 comparable homes on the market. At 242 sqft larger than the typical comp, the size difference factors into the valuation. The 2001 construction puts this home 7 years older than the comp average, a factor in the pricing. With 5 similar homes currently listed in 78616 (a buyer's market), competition is a factor to consider. The trend in 78616 shows prices have fallen 4.6% in the past 6 months. 243 Texas Oak DR, Cedar Creek TX 78612 nearby adjusts to $310,379; a strong comparable. 7 comparable transactions in 78616 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