112 Legend Oaks CV, Dale TX 78616

Based on 7 closed sales in LEGEND OAKS PHASE ONE, the data points to a value around $229,992 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $289,000 to $293,000. Relative to what's currently available in LEGEND OAKS PHASE ONE, this home would be the most affordable of 2 comparable homes on the market. Being built in 2001 (6 years older than comps) is factored into the value estimate. Lot size matters here: 1.58 acres versus 1.14 for the typical comp. Current inventory shows 2 comparable homes in LEGEND OAKS PHASE ONE; a buyer's market based on recent absorption. Market data shows 78616 prices risen 3.9% over the last half year. The closest comparable sale, 148 Maegan LN, Cedar Creek TX 78612 at an adjusted $222,560, is a strong comparable. The strength of this estimate comes from 7 directly comparable sales in LEGEND OAKS PHASE ONE. 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