106 RED OAKS CV, Dale TX 78616

Based on 7 closed sales in SCARLET OAKS, the data points to a value around $276,736 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $322,000 to $335,000. This would position the home competitively among 2 active listings in SCARLET OAKS. The 196 sqft size difference versus comparable sales is reflected in the adjusted values. Being built in 1990 (8 years older than comps) is factored into the value estimate. Current inventory shows 2 comparable homes in SCARLET OAKS; a buyer's market based on recent absorption. Market data shows 78616 prices fallen 4.6% over the last half year. The closest comparable sale, 105 Alum Creek DR, Cedar Creek TX 78612 at an adjusted $202,214, is a strong comparable. This estimate draws on 7 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus