106 View RDG, Dale TX 78616

The estimated value of this property is $269,331, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $261,000 and $277,000. In the current LEGEND OAKS PH ONE market with 4 similar homes available, this price represents the 2nd least expensive of 4 comparable homes on the market. Built in 2001, this home is 6 years older than the average comp, which is reflected in the adjustments. The 1.87 acre lot (larger than the 1.31 acre average) is reflected in the estimate. With 4 similar homes currently listed in LEGEND OAKS PH ONE (a buyer's market), competition is a factor to consider. Recent trends in 78616 show home values have fallen 4.6% since 6 months ago. The most comparable recent sale is 222 Legend Oaks DR, Dale TX 78616, with an adjusted value of $247,406; with a smaller floor plan. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group