11101 FM 1854, Dale TX 78616

Based on 7 closed sales in LOCKVIEW ESTATES, the data points to a value around $313,828 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $304,000 to $323,000. Relative to what's currently available in LOCKVIEW ESTATES, this home would be below the only comparable home currently on the market. This home's smaller footprint (204 sqft vs the comp average) plays a role in how the market prices it. Being built in 2001 (13 years older than comps) is factored into the value estimate. Right now, 1 similar properties are competing for buyers in LOCKVIEW ESTATES, listed between $385,000 and $385,000. Market data shows 78616 prices fallen 5.8% over the last half year. The closest comparable sale, 435 Still Meadow DR, Dale TX 78616 at an adjusted $277,454, is a strong comparable. The strength of this estimate comes from 7 directly comparable sales in LOCKVIEW ESTATES. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group