116 View RDG, Dale TX 78616

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $299,593. To generate strong buyer interest while maximizing value, I'd price this between $243,000 and $253,000. Against 4 similar active listings in 78616, this price point lands at the 2nd most expensive of 4 comparable homes on the market. At 1.94 acres, the lot is larger than the 1.31 acre comp average, which factors into pricing. Right now, 4 similar properties are competing for buyers in 78616, listed between $220,000 and $350,000. The trend in 78616 shows prices have fallen 4.6% in the past 6 months. 308 Riddle RD, Cedar Creek TX 78612 nearby adjusts to $394,339; with a larger floor plan. 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