132 Fm 672, Dale TX 78616

Based on 7 closed sales in BLALOCK, JAMES, the data points to a value around $391,983 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $384,000 to $400,000. This would position the home competitively among 1 active listings in BLALOCK, JAMES. The smaller floor plan (584 sqft compared to the average comp) is a meaningful differentiator in this price range. Being built in 1976 (22 years older than comps) is factored into the value estimate. Current inventory shows 1 comparable homes in BLALOCK, JAMES; a buyer's market based on recent absorption. Market data shows 78616 prices fallen 5.8% over the last half year. The closest comparable sale, 162 Fm 672 RD, Dale TX 78616 at an adjusted $349,963, is with a larger floor plan. The strength of this estimate comes from 7 directly comparable sales in BLALOCK, JAMES. 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