142 Scarlet Harts LN, Dale TX 78616

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $265,475. I'd recommend coming to market at $331,000 to $332,000 to strike the right balance between value and market velocity. In the current SCARLET OAKS market with 3 similar homes available, this price represents the 2nd most expensive of 3 comparable homes on the market. This home's larger footprint (128 sqft vs the comp average) plays a role in how the market prices it. Built in 1997, this home is 6 years older than the average comp, which is reflected in the adjustments. Buyers in SCARLET OAKS have 3 comparable options right now, with asking prices between $240,000 and $550,000. The trend in 78616 shows prices have fallen 4.6% in the past 6 months. 112 Spring Creek CV, Cedar Creek TX 78612 nearby adjusts to $330,967; a strong comparable. Based on 7 relevant data points in SCARLET OAKS, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX