112 Legend Oaks DR, Dale TX 78616

The market data from 7 similar recent sales in 78616 points to a value of approximately $237,512. To sell within a reasonable timeframe at fair market value, the $299,000 to $334,000 range is where I'd position this. With 3 comparable homes on the market in 78616, this price positions the property as the most affordable of 3 comparable homes on the market. Current inventory shows 3 comparable homes in 78616; a buyer's market based on recent absorption. In 78616, home values have fallen approximately 4.6% over the past 6 months. One of the strongest data points is 113 Hayden CV, Cedar Creek TX 78612, adjusting to $248,300; a strong comparable. 7 comparable transactions in 78616 support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group