108 Forest Hill CV, Dale TX 78616

The estimated value of this property is $244,854, based on 3 comparable sales within half a mile. In today's market, I'd bring this home to market somewhere between $238,000 and $252,000. Against 2 similar active listings in LEGEND OAKS, PH TWO, this price point lands at the most expensive of 2 comparable homes on the market. Built in 2006, this home is 9 years older than the average comp, which is reflected in the adjustments. The 1.22 acre lot (larger than the 0.91 acre average) is reflected in the estimate. Current inventory shows 2 comparable homes in LEGEND OAKS, PH TWO; a buyer's market based on recent absorption. 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 $225,135; a strong comparable. Based on 3 relevant data points in LEGEND OAKS, PH TWO, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX