114 Creekside CV, Dale TX 78616

My analysis of 7 comparable properties puts this home's estimated value at $385,188. Based on how the local market is moving, a list price between $333,000 and $343,000 would position this home well. This pricing would rank the home as the 2nd most expensive of 3 comparable homes on the market in PEARSON RANCHES's current inventory. At 157 sqft larger than the typical comp, the size difference factors into the valuation. The larger lot (1.60 acres versus the area average of 1.46) contributes to the valuation. Current inventory shows 3 comparable homes in PEARSON RANCHES; a buyer's market based on recent absorption. The 6 month price trend in 78616: fallen 4.6%. The best comp here is 141 Chama DR, Cedar Creek TX 78612 at an adjusted value of $442,046, a strong comparable. With 7 comparable sales in PEARSON RANCHES, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group