10561 FM 1854, Dale TX 78616

The market data from 7 similar recent sales in 78616 points to a value of approximately $303,487. To sell within a reasonable timeframe at fair market value, the $294,000 to $313,000 range is where I'd position this. At this price, the property would be below the only comparable home currently on the market comparable homes currently on the market in 78616. At 735 sqft smaller than the typical comp, the size difference factors into the valuation. The 2011 construction puts this home 11 years newer than the comp average, a factor in the pricing. 1 similar homes are currently available in 78616, creating a buyer's market for this price range. In 78616, home values have risen approximately 10.5% over the past 6 months. One of the strongest data points is 278 Forister Ranch DR, Dale TX 78616, adjusting to $283,636; 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